Gevo Q1 2024 GAAP EPS $(0.08) Misses $(0.06) Estimate, Sales $3.990M Miss $4.402M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gevo reported Q1 2024 earnings with a GAAP EPS of $(0.08), missing the $(0.06) estimate, and sales of $3.990M, below the $4.402M estimate. This represents a decrease in performance compared to the same period last year.
May 02, 2024 | 9:14 pm
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NEGATIVE IMPACT
Gevo's Q1 2024 earnings report showed a miss on both EPS and sales estimates, indicating a decrease in performance from the previous year.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term. The year-over-year decrease in performance further compounds the potential for a negative impact on Gevo's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100