Gevo Full Year 2022 Earnings: Misses Expectations
Gevo (NASDAQ:GEVO) Full Year 2022 Results
Key Financial Results
Net loss: US$98.0m (loss widened by 66% from FY 2021).
US$0.44 loss per share (further deteriorated from US$0.30 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gevo Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 6.0% decline forecast for the Oil and Gas industry in the US.
Performance of the American Oil and Gas industry.
The company's shares are down 11% from a week ago.
Risk Analysis
Be aware that Gevo is showing 3 warning signs in our investment analysis and 1 of those is concerning...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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