Gevo, Inc. (NASDAQ:GEVO) Expected to Post Earnings of -$0.04 Per Share

Thursday, April 8, 2021 | MarketBeat

Wall Street analysts forecast that Gevo, Inc. (NASDAQ:GEVO) will post earnings per share of ($0.04) for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Gevo's earnings, with the lowest EPS estimate coming in at ($0.04) and the highest estimate coming in at ($0.03). Gevo reported earnings of ($0.59) per share during the same quarter last year, which indicates a positive year over year growth rate of 93.2%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, May 11th.

On average, analysts expect that Gevo will report full-year earnings of ($0.15) per share for the current financial year, with EPS estimates ranging from ($0.16) to ($0.14). For the next fiscal year, analysts anticipate that the company will report earnings of ($0.17) per share. Zacks Investment Research's EPS calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Gevo.

Gevo (NASDAQ:GEVO) last released its earnings results on Tuesday, March 16th. The energy company reported ($0.14) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.04) by ($0.10). The company had revenue of $0.53 million for the quarter, compared to the consensus estimate of $0.76 million. Gevo had a negative net margin of 243.40% and a negative return on equity of 33.39%.

GEVO has been the topic of a number of recent analyst reports. HC Wainwright increased their price target on shares of Gevo from $5.00 to $18.00 and gave the stock a "buy" rating in a report on Thursday, February 25th. Zacks Investment Research lowered shares of Gevo from a "hold" rating to a "sell" rating in a research report on Tuesday, March 30th. Finally, Noble Financial raised their price objective on Gevo from $8.25 to $16.00 in a report on Monday, January 25th.

Gevo stock opened at $8.53 on Thursday. The firm has a market capitalization of $1.69 billion, a P/E ratio of -5.23 and a beta of 3.56. Gevo has a one year low of $0.46 and a one year high of $15.57. The business has a fifty day moving average price of $9.58 and a 200-day moving average price of $5.38.

Institutional investors and hedge funds have recently modified their holdings of the company. ExodusPoint Capital Management LP grew its holdings in shares of Gevo by 7.7% during the fourth quarter. ExodusPoint Capital Management LP now owns 32,525 shares of the energy company's stock valued at $138,000 after buying an additional 2,327 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Gevo by 35.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 23,000 shares of the energy company's stock valued at $98,000 after buying an additional 6,000 shares during the last quarter. LMR Partners LLP bought a new stake in shares of Gevo in the fourth quarter worth $44,000. Wells Fargo & Company MN grew its holdings in shares of Gevo by 1,131.8% in the fourth quarter. Wells Fargo & Company MN now owns 15,940 shares of the energy company's stock worth $68,000 after acquiring an additional 14,646 shares during the period. Finally, Berman Capital Advisors LLC purchased a new position in Gevo in the fourth quarter worth about $72,000. 8.02% of the stock is currently owned by hedge funds and other institutional investors.

About Gevo

Gevo, Inc operates as a renewable fuels company. It commercializes gasoline, jet fuel, and diesel fuel to achieve zero carbon emissions, and reduce greenhouse gas emissions with sustainable alternatives. The company uses low-carbon renewable-resource-based carbohydrates as raw materials and is developing renewable electricity and renewable natural gas for use in production processes.

Read More: Monthly Dividend Stocks

Get a free copy of the Zacks research report on Gevo (GEVO)

For more information about research offerings from Zacks Investment Research, visit

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured Article: How does inflation affect different investments?

7 Penny Stocks That Don’t Care About Robinhood

By the time you read this Vladimir Tenev, the CEO of the trading app Robinhood, will be testifying in front of Congress. The company’s role in the GameStop (NYSE:GME) short squeeze will be called into question.

However, the real issue at stake is the right of traders to buy and sell the equities of their choice. In the case of Robinhood, some traders are buying a lot of penny stocks. While definitions vary, penny stocks are generally considered stocks that are trading for less than $10 per share. These stocks are largely ignored by the investment community.

One reason is that many of these stocks are cheap for a reason. For example, the company may have a business model that is out of date. In other cases, they operate in a very small, niche market that doesn’t drive a lot of revenue.

And most of these stocks are ignored by the investment community. They simply aren’t considered significant enough to spend time debating.

But some penny stocks do have the attention of Wall Street. And they’re being largely ignored by the day trading community. The focus of this special presentation is to direct you to penny stocks that have a story that the “smart money” thinks will eventually be trading at much higher prices.

And that’s why you should be looking at them now.

View the "7 Penny Stocks That Don’t Care About Robinhood".

MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.