Montauk Renewables Inc expected to post earnings of 10 cents a share - Earnings Preview
08/11/2024 23:12
* Montauk Renewables Inc MNTK.OQ MNTK.O is expected
to show a
rise in quarterly revenue when it reports results on November
12 for the period ending September 30 2024
* The Pittsburgh Pennsylvania-based company is expected to
report
a 9.7% increase in revenue to $61.083 million from $55.69
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 10 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "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 6.13, above its last closing price of $5.74.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.06 0.07 -0.01 Missed -114.8
Mar. 31 2024 0.00 0.01 0.01 Met 100
Dec. 31 2023 0.06 0.07 0.03 Missed -55.6
Jan. 1 0001 0.10 0.10 0.09 Missed -10
Jun. 0.04 0.04 0.01 Missed -72.7
30 2023
Mar. 31 2023 -0.01 -0.01 -0.03 Missed -200
Dec. 31 2022 0.08 0.09 0.05 Missed -42.3
Sep. 30 2022 0.12 0.13 0.08 Missed -38.5
This summary was machine generated November 8 at 23:12 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)