Montauk Renewables Inc expected to post earnings of 4  cents a share - Earnings Preview

Montauk Renewables

08/08/2023 03:04

* Montauk Renewables Inc  MNTK.OQ   MNTK.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 9. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 33.3% decrease in revenue to $45.282 million from $67.88
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Montauk Renewables
Inc is
for earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $7​, below​ its last closing price of $8.39.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.01       -0.01      -0.03     Missed  -200
 Dec. 31 2023  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.        0.09        0.09       -0.01     Missed  -111.1
 31 2022                                                
 Dec. 31 2021  0.07        0.05       0.04      Missed  -20​
 Sep. 30 2021  0.01        0.01       0.06      Beat    500
 Jun. 30 2021              0.02       -0.03     Missed  -250
 This summary was machine generated August 8 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated