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Gevo (GEVO)
NASDAQ:GEVO
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.06Last Year’s EPS
-$0.08Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -20.00%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlights Gevo's transformative acquisitions and significant financial commitments, notably from the U.S. Department of Energy, indicating strong future potential. However, the company is still facing operational losses, and some revenue aspects are pending regulatory approval, which tempers the overall outlook.Company Guidance
During the Gevo Q3 2024 earnings call, several key metrics and guidance were shared, reflecting the company's strategic progress and financial outlook. Gevo's acquisition of Red Trail Energy's assets is expected to generate approximately $200 million in revenue and enhance their carbon abatement capabilities. Additionally, a $1.63 billion loan facility from the U.S. Department of Energy was highlighted as a transformative milestone for their Net-Zero 1 project, marking it as the first large-scale alcohol-to-jet project to receive such a commitment. This financial backing is anticipated to support Gevo's plans to scale sustainable aviation fuel (SAF) production and achieve a positive adjusted EBITDA by 2025. The company's financial position remained strong with $292.9 million in cash and cash equivalents at the end of Q3 2024. Operationally, their RNG business generated $2 million in revenue, while strategic investments were made in Cultivate AI, and significant steps were taken to incorporate carbon accounting and tracking solutions. These milestones position Gevo for future growth and reinforce their commitment to advancing low-carbon solutions.Acquisition of Red Trail Energy Assets
Gevo announced the acquisition of Red Trail Energy's low-carbon ethanol and carbon capture sequestration assets in North Dakota, expected to close by Q1 2025. This acquisition is transformative and generated approximately $200 million in revenue in 2023.
Conditional Commitment from the U.S. Department of Energy
Gevo received a $1.63 billion loan facility commitment from the U.S. Department of Energy for its Net-Zero 1 SAF project in South Dakota, marking it as the first large-scale alcohol-to-jet project to receive such a commitment.
Acquisition of Cultivate Agricultural Intelligence, LLC
Gevo acquired Cultivate AI, which is expected to generate $1.7 million in revenue in 2024, enhancing Gevo's carbon accounting and tracking capabilities.
Granted Patents for Ethanol to Olefin Process
Gevo was granted two patents for its breakthrough ethanol to olefin process, further solidifying its technological advancements.
Strong Liquidity Position
Gevo ended Q3 2024 with $292.9 million in cash, cash equivalents, and restricted cash, reflecting a disciplined approach to financial management.
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GEVO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GEVO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $1.90 | $1.59 | -16.32% |
| Aug 08, 2024 | $0.54 | $0.54 | 0.00% |
| May 02, 2024 | $0.66 | $0.66 | 0.00% |
| Mar 07, 2024 | $0.82 | $0.79 | -3.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gevo (GEVO) report earnings?
Gevo (GEVO) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Gevo (GEVO) earnings time?
Gevo (GEVO) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GEVO EPS forecast?
GEVO EPS forecast for the fiscal quarter 2024 (Q4) is -$0.06.
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