Montauk Renewables Inc expected to post earnings of 1 cent a share - Earnings Preview
08/05/2024 01:05
* Montauk Renewables Inc MNTK.OQ MNTK.O is expected
to show a
rise in quarterly revenue when it reports results on May 9 for
the period ending March 31 2024
* The Pittsburgh Pennsylvania-based company is expected to
report
a 134.5% increase in revenue to $44.921 million from $19.15
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Montauk Renewables Inc
is for
earnings of 7 cents per share.
* 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 mean earnings estimate of analysts had fallen by
about 18.2%
in the last three months.
* Wall Street's median 12-month price target for Montauk
Renewables Inc is $7.50, above its last closing price
of $4.11.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.06 0.07 0.03 Missed -55.6
Jan. 1 2023 0.10 0.10 0.09 Missed -10
Jun. 30 2023 0.04 0.04 0.01 Missed -72.7
Mar. 31 2023 -0.01 -0.01 -0.03 Missed -200
Dec. 0.08 0.09 0.05 Missed -42.3
31 2022
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
This summary was machine generated May 8 at 00:04 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)