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MNTK Montauk Renewables News Story

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Montauk Renewables Inc expected to post earnings of 5 cents a share - Earnings Preview

Montauk Renewables Inc MNTK.OQ MNTK.O is expected to show a rise in quarterly revenue when it reports  results on March 12 for the period ending December 31 2024

The Pittsburgh Pennsylvania-based  company is expected to report a 20.3% increase in revenue to $56.319 million from $46.81 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 5 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 $5.50​, above​ its last closing price of $3.11. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 20240.100.100.12Beat26.3
Jun. 30 20240.060.07-0.01Missed-114.8
Mar. 31 20240.000.010.01Met100​
Dec. 31 20230.060.070.03Missed-55.6
​​Sep. 30 20230.100.100.09Missed-10
Jun. 30 20230.040.040.01Missed-72.7​
Mar. 31 2023-0.01-0.01-0.03Missed-200
Dec. 31 20220.080.090.05Missed-42.3
This summary was machine generated March 10 at 20:27 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)

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