Gevo (NASDAQ:GEVO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.97m (down 57% from 3Q 2023).
• Net loss: US$21.2m (loss widened by 35% from 3Q 2023).
• US$0.088 loss per share (further deteriorated from US$0.066 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gevo EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 68%. Earnings per share (EPS) exceeded analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 90% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Oil and Gas industry in the US.

Performance of the American Oil and Gas industry.

The company's shares are down 29% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Gevo has 2 warning signs we think you should be aware of.

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