Montauk Renewables Inc reports results for the quarter ended June 30 - Earnings Summary
Montauk Renewables Inc reports results for the quarter ended June 30 - Earnings Summary
Montauk Renewables Inc MNTK.OQ reported quarterly breakeven results per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of three analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -2 cents to 4 cents per share.
Revenue rose 19.7% to $54.02 million from a year ago; analysts expected $49.34 million.
Montauk Renewables Inc's reported EPS for the quarter was breakeven results.
The company reported quarterly net income of $226 thousand.
Montauk Renewables Inc shares had risen by 9.0% this quarter and gained 1.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 100% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."
Wall Street's median 12-month price target for Montauk Renewables Inc is $1.60, about 6.9% below its last closing price of $1.71
This summary was machine generated from LSEG data August 5 at 11:20 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.00 | 0.00 | Met |
Mar. 31 2026 | 0.00 | 0.00 | Met |
Dec. 31 2025 | 0.03 | 0.01 | Missed |
Sep. 30 2025 | 0.01 | 0.04 | Beat |
Recent news on Montauk Renewables
See all newsMontauk Renewables Inc reports results for the quarter ended June 30 - Earnings Summary
Montauk Renewables Q2 revenue beats estimates on higher RINs sales
Brief: Montauk Renewables Q2 Revenue USD 54 Million
Montauk Renewables Inc expected to post breakeven results a share - Earnings Preview
Montauk Renewables Q1 revenue rises, beats estimates