Overview

* Gevo ( GEVO ) Q3 revenue beats analyst expectations, marking a second consecutive positive Adjusted EBITDA

* Company signed multi-year carbon credit sales agreement, expected to generate $26 mln over five years

* Gevo ( GEVO ) sold subsidiary Agri-Energy, eliminating $3 mln in annual idling costs

Outlook

* Gevo ( GEVO ) targets mid-2026 for Final Investment Decision on ATJ-30 facility

* Company aims for $3-5 mln carbon co-product sales by end of 2025

* Gevo ( GEVO ) sees potential for $100 mln in adjusted EBITDA through optimization

Result Drivers

* CONSISTENT PERFORMANCE - Gevo ( GEVO ) attributes positive Adjusted EBITDA to consistent performance at its North Dakota and RNG facilities

* COST REDUCTION - Sale of Agri-Energy subsidiary eliminates $3 mln in annual idling costs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $42.71 $39.50

Revenue mln mln (5

Analysts

)

Q3 Net -$7.58

Income mln

Q3 Basic -$0.03

EPS

Q3 EBIT -$3.69

mln

Q3 $46.40

Operatin mln

g

Expenses

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the renewable fuels peer group is "hold."

* Wall Street's median 12-month price target for Gevo Inc ( GEVO ) is $2.63, about 16.6% above its November 7 closing price of $2.19

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)