Gevo (NASDAQ:GEVO) Releases Earnings Results, Beats Expectations By $0.07 EPS
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Gevo (NASDAQ:GEVO) Releases Earnings Results, Beats Expectations By $0.07 EPS
Gevo (NASDAQ:GEVO - Get Free Report) announced its quarterly earnings results on Monday. The energy company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.07. Gevo had a negative net margin of 193.87% and a negative return on equity of 16.41%.
Gevo Stock Surges 65% as Carbon Credits Bring in First-Ever Profits
Gevo, Inc., a renewable fuels and carbon solutions company, has reported its first-ever profitable quarter in Q2 2025, marking a major shift in its financial performance. This is all thanks to its carbon credit sales of around $22 million and other low-carbon product sales. The company posted net income of $2.1 million, a sharp turnaround from previous losses. Adjusted earnings reached $17 million, and earnings per share came in at $0.01. That i…
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