Montauk Renewables Inc expected to post earnings of 7 cents a share - Earnings Preview
07/08/2024 03:05
* Montauk Renewables Inc MNTK.OQ MNTK.O is expected
to show a
fall in quarterly revenue when it reports results on August 8
for the period ending June 30 2024
* The Pittsburgh Pennsylvania-based company is expected to
report
a 11.8% decrease in revenue to $46.973 million from $53.26
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 was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Montauk
Renewables Inc is $7.13, above its last closing price
of $5.20.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.00 0.01 0.01 Met 100
Dec. 31 2024 0.06 0.07 0.03 Missed -55.6
Sep. 30 2023 0.10 0.10 0.09 Missed -10
Jan. 1 0001 0.04 0.04 0.01 Missed -72.7
Mar. -0.01 -0.01 -0.03 Missed -200
31 2023
Dec. 31 2022 0.08 0.09 0.05 Missed -42.3
Jan. 1 0001 0.12 0.13 0.08 Missed -38.5
Jun. 30 2022 0.14 0.14 0.13 Missed -3.7
This summary was machine generated August 7 at 02:05 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)