Gevo (GEVO) Set to Announce Quarterly Earnings on Wednesday
Gevo (NASDAQ:GEVO) is scheduled to be announcing its Q214 earnings results on Wednesday, August 13th. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $7.20 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
Gevo (NASDAQ:GEVO) last announced its earnings results on Wednesday, May 14th. The company reported ($0.18) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.21) by $0.03. The company had revenue of $0.90 million for the quarter, compared to the consensus estimate of $1.70 million. During the same quarter in the prior year, the company posted ($0.45) earnings per share. The company’s quarterly revenue was down 74.3% on a year-over-year basis. On average, analysts expect Gevo to post $-0.67 EPS for the current fiscal year and $-0.22 EPS for the next fiscal year.
Shares of Gevo (NASDAQ:GEVO) opened at 0.499 on Tuesday. Gevo has a 1-year low of $0.44 and a 1-year high of $2.18. The stock’s 50-day moving average is $0.71 and its 200-day moving average is $1.03. The company’s market cap is $33.9 million.
On the ratings front, analysts at Cowen and Company cut their price target on shares of Gevo to $1.00 in a research note on Friday, May 16th.
Gevo, Inc, is a renewable chemicals and advanced biofuels company. The Company is focused on the development and commercialization of alternatives to petroleum-based products.
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