Gevo (NASDAQ:GEVO) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Gevo (NASDAQ:GEVO) released its quarterly earnings results on Tuesday. The energy company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.08, FiscalAI reports. Gevo had a negative net margin of 119.93% and a negative return on equity of 6.50%. The company had revenue of $82.95 million during the quarter, compared to the consensus estimate of $56.25 million.

Here are the key takeaways from Gevo’s conference call:

• Gevo reported record third-quarter results: $83 million in revenue, $44 million in Adjusted EBITDA, $23 million in net income, and $41 million in operating cash flow, ending the quarter with $68 million in cash. Revenue included about $20 million from previously banked CFR credits, though revenue excluding those credits still rose approximately 47% year over year.
• Management expects 2026 Adjusted EBITDA to exceed $90 million, including the one-time banked CFR credit and at least $10 million of anticipated incremental RNG 45Z value, which is subject to third-party validation. For 2027, it forecasts more than $70 million in Adjusted EBITDA, excluding the banked credit and including a full year of higher production from debottlenecking.
• Gevo expects carbon revenue to exceed $50 million in 2026 and estimates a roughly $30 million annual run rate excluding one-time items. The company plans to increase North Dakota ethanol capacity to about 75 million gallons through debottlenecking, then roughly double capacity to 150 million gallons and carbon capture to 400,000 tons annually by 2028.
• Gevo is prioritizing the North Dakota expansion over committing significant capital to SAF Project Northstar, and said it will make a final investment decision when offtake agreements and financing support the investment. The expansion’s joint venture and financing remain in progress, and the company has not disclosed total capital costs.

Gevo Stock Down 5.4%

NASDAQ:GEVO traded down $0.08 during mid-day trading on Tuesday, hitting $1.39. 6,824,446 shares of the company’s stock were exchanged, compared to its average volume of 3,394,370. The company has a market cap of $343.66 million, a PE ratio of -1.56 and a beta of 1.13. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.70 and a quick ratio of 2.19. Gevo has a one year low of $1.08 and a one year high of $2.97. The business has a fifty day moving average price of $1.37 and a 200 day moving average price of $1.70.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Jefferies Financial Group upgraded Gevo to a “hold” rating in a report on Tuesday, September 29th. HC Wainwright restated a “buy” rating on shares of Gevo in a research note on Friday, October 9th. Weiss Ratings upgraded Gevo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 2nd. Wall Street Zen upgraded Gevo from a “strong sell” rating to a “sell” rating in a research report on Saturday, October 17th. Finally, Northland Securities set a $3.75 price target on Gevo in a research note on Thursday, July 16th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $2.55.

Insider Buying and Selling at Gevo

In other Gevo news, Director James Barber bought 50,000 shares of the stock in a transaction dated Friday, August 21st. The stock was purchased at an average cost of $1.54 per share, for a total transaction of $77,000.00. Following the completion of the acquisition, the director owned 120,000 shares of the company’s stock, valued at approximately $184,800. This trade represents a 71.43% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold a total of 6,068 shares of company stock worth $10,343 over the last ninety days. 7.09% of the stock is currently owned by company insiders.

Gevo Company Profile

Gevo, Inc. is a renewable fuels and chemicals company headquartered in Englewood, Colorado. The company develops technologies that use renewable carbon sources, including plant-based feedstocks, to produce lower-carbon alternatives to petroleum-based products. Its work is focused on reducing greenhouse-gas emissions across the life cycle of fuels and chemicals. Gevo’s activities have included the development and production of renewable alcohols and hydrocarbons, including isobutanol and sustainable aviation fuel.