Montrose Environmental Group Inc reports results for the quarter ended in December - Earnings Summary

Onterris

01/03/2022 16:45

* Montrose Environmental Group Inc  MEG.N  reported a
quarterly
adjusted loss of $1.56​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for a loss of 6 cents per share.
    * Revenue rose 32.2% to $143.79 million from a year ago; 
analysts
expected $121.98 million. 
    * Montrose Environmental Group Inc's reported EPS for the
quarter
was a loss of $1.56​.
    * 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. 
    * Montrose Environmental Group Inc shares had fallen
by 37.4% this
quarter.
    * The company reported a quarterly loss of $5.57 million.
    * Wall Street's median 12-month price target for Montrose
Environmental Group Inc is $82.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 1 at 04:45 p.m.  ​All
figures in US dollars unless otherwise stated