Investing.com - Gevo reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Gevo announced earnings per share of $-0.190 on revenue of $310K. Analysts polled by Investing.com anticipated EPS of $-0.080 on revenue of $731K.
Gevo shares are down 35% from the beginning of the year and are trading at $2.160 , down-from-52-week-high.
Gevo shares lost 3.14% in after-hours trade after the report.
Gevo follows other major Energy sector earnings this month
Gevo's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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