Montauk Renewables Inc reports results for the quarter ended in June - Earnings Summary

Montauk Renewables

10/08/2022 06:28

* Montauk Renewables Inc  MNTK.OQ  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue rose 114.3% to $67.88 million from a year ago;
analysts
expected $50.70 million. 
    * Montauk Renewables Inc's reported EPS for the quarter was
13
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Montauk Renewables Inc shares had risen by 42.4% this
quarter and gained 39.6% so far this year.
    * The company reported quarterly net income of $19.15
million.
    * Wall Street's median 12-month price target for Montauk
Renewables Inc is $12.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 05:28 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.14           0.13           Missed
 Mar. 31 2022      0.09           -0.01          Missed
 Dec. 31 2021      0.05           0.04           Missed
 Sep. 30 2021      0.01           0.06           Beat