Gevo Inc Expected To Post A Loss Of 6 Cents A Share - Earnings

GEVO Inc. GEVO is slated to report fourth-quarter 2024 results on March 6, after market close.

Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.

In the last reported quarter, the company delivered an earnings surprise of 10.00%. It delivered a trailing four-quarter average negative earnings surprise of 20.83%.

Gevo, Inc. Price and EPS Surprise

Gevo, Inc. price-eps-surprise | Gevo, Inc. Quote

Factors to Note Ahead of GEVO’s Q4 Results

Lower sales of environmental attributes from GEVO’s RNG project, due to a buildup of environmental attribute inventory in anticipation of receiving the final pathway approval under the Low Carbon Fuel Standard (“LCFS”) Program, might have hurt the company’s overall revenues in the fourth quarter.

The Zacks Consensus Estimate for revenues is pegged at $3.2 million, indicating a 28% decline from the prior-year quarter’s figure.

Poor sales expectations are likely to have pushed down GEVO’s quarterly earnings. Moreover, higher personnel and consulting expenses associated with the company’s Net-Zero and Verity growth initiatives, along with higher interest expenses, might have also adversely impacted its bottom-line performance in the soon-to-be-reported quarter.

The Zacks Consensus Estimate for earnings is pegged at 11 cents per share, implying a decline of 37.5% from the prior-year quarter’s figure.

What the Zacks Model Unveils for GEVO

Our proven model does not conclusively predict an earnings beat for GEVO this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.

Earnings ESP: GEVO’s Earnings ESP is -27.27%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Zacks Rank: Gevo currently carries a Zacks Rank #4 (Sell).

You can see the complete list of today’s Zacks #1 Rank stocks here.

Recent Sector Releases

CNX Resources Corporation CNX reported fourth-quarter 2024 operating earnings of 57 cents per share, which beat the Zacks Consensus Estimate of 43 cents by 32.6%. However, the bottom line decreased 16.2% from 68 cents in the year-ago quarter.

The company reported revenues of $386 million, which missed the Zacks Consensus Estimate of $411 million by 6.2%. However, the top line increased 2.7% from the prior-year quarter’s $376 million.

ONEOK Inc. OKE reported fourth-quarter 2024 operating earnings per share (EPS) of $1.57, which beat the Zacks Consensus Estimate of $1.45 by 8.3%. The bottom line also improved 33.1% from the year-ago quarter’s figure of $1.18.

Operating revenues for the quarter totaled $7 billion, which surpassed the Zacks Consensus Estimate of $6.56 billion by 6.8%. The top line also improved 33.7% from $5.24 billion in the prior-year quarter.

TotalEnergies SE TTE reported fourth-quarter 2024 operating earnings of $1.90 (€1.78) per share, which surpassed the Zacks Consensus Estimate of $1.87 by 1.6%. The bottom line declined 12% from the year-ago figure of $2.16 (€2.02).

Total revenues for the fourth quarter were $47.11 billion, which declined from the year-ago reported figure of $47.26 billion by 0.3%. Revenues were down 13.9% year over year.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

ENGLEWOOD, Colo., Feb. 19, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. announced today that it will host a conference call on March 6, 2025, at 4:30 p.m. ET (2:30 p.m. MT) to report its financial results for the fourth quarter ended December 31, 2024.

To participate in the live call, please register through the following event weblink:

https://register.vevent.com/register/BIfe02700a31384d12946e60bf35964cb8

After registering, participants will be provided with a dial-in number and pin.

To listen to the conference call (audio only), please register through the following event weblink: https://edge.media-server.com/mmc/p/h9wkbjf5

A webcast replay will be available two hours after the conference call ends on March 6, 2025. The archived webcast will be available in the Investor Relations section of Gevo's website at www.gevo.com.

About Gevo

Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including sustainable aviation fuel ("SAF"), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

For more information, see www.gevo.com.

PUBLIC AFFAIRS CONTACT

Heather Manuel

VP of Stakeholder Engagement & Partnerships

PR@gevo.com

INVESTOR CONTACT

Eric Frey, PhD

VP of Corporate Development

IR@gevo.com

Gevo and Axens said Wednesday they have formed a new alliance to boost the development and commercialization of sustainable aviation fuel using the ethanol-to-jet pathway.

The companies said they're also integrating their resources to accelerate commercialization of Gevo's ethanol-to-olefins technology. If the technology development is completed successfully, Gevo said it would lead deployment of the ETO technology in North America, while Axens would provide process licensing, catalyst, equipment, and engineering services globally.

Financial details weren't provided.

GEVO shares were over 2% higher in early trading.