Montauk Renewables Inc expected to post a loss of 1 cent a share - Earnings Preview

Montauk Renewables

09/05/2023 03:05

* Montauk Renewables Inc  MNTK.OQ   MNTK.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 10. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 24.0% increase in revenue to $39.9 million from $32.17
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Montauk Renewables
Inc is
for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Montauk
Renewables Inc is $7​, above​ its last closing price of $6.37.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.08        0.09       0.05      Missed  -42.3
 Sep. 30 2022  0.12        0.13       0.08      Missed  -38.5
 Jun. 30 2022  0.14        0.14       0.13      Missed  -3.7​
 Mar. 31 2022  0.09        0.09       -0.01     Missed  -111.1
 ​​Dec.        0.07        0.05       0.04      Missed  -20
 31 2021                                                
 Sep. 30 2021  0.01        0.01       0.06      Beat    500​
 Jun. 30 2021              0.02       -0.03     Missed  -250
 Mar. 31 2021  0.00        0.00       -0.10     Missed  
 This summary was machine generated May 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated