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

Montauk Renewables

10/05/2022 14:32

* Montauk Renewables Inc  MNTK.OQ  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in March. The
mean expectation of two analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue rose 2.3% to $32.17 million from a year ago; 
analysts
expected $39.70 million. 
    * The mean earnings estimate of analysts had fallen by
about 25%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Montauk Renewables Inc shares had fallen by 7.7% this
quarter and gained 0.9% so far this year.
    * Wall Street's median 12-month price target for Montauk
Renewables Inc is $13.00 
    * 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 May 10 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated