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 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.
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