Investing.com - Gevo (NASDAQ: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, still down 71.88% from its 52 week high of $7.93 set on November 8, 2021.
Gevo shares lost 3.14% in after-hours trade following the report.
Gevo follows other major Energy sector earnings this month
Gevo's report follows an earnings beat by Exxon Mobil on October 28, 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 October 28 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar