Gevo Inc reports results for the quarter ended in June - Earnings Summary

Gevo

10/08/2023 22:02

* Gevo Inc  GEVO.OQ  reported a quarterly adjusted loss of 6
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 4,661.8% to $4.24 million from a year ago;
analysts
expected $4.00 million. 
    * Gevo Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Gevo Inc shares had risen by 8.6% this quarter and
lost 13.2% so
far this year.
    * The company reported a quarterly loss of $14.42 million.
    * Wall Street's median 12-month price target for Gevo Inc is
$1.50
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          -0.06          Missed
 Mar. 31 2023      -0.05          -0.07          Missed
 Dec. 31 2022      -0.06          -0.11          Missed
 Sep. 30 2022      -0.07          -0.19          Missed