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

Onterris

10/08/2021 23:29

* Montrose Environmental Group Inc  MEG.N  reported a quarterly
adjusted loss of 54 cents​​ per share for the quarter ended in
June. The mean expectation of seven analysts for the quarter was
for earnings of 4 cents per share.
* Revenue rose 84.7% to $136.22 million from a year ago; 
analysts expected $119.51 million. 
* Montrose Environmental Group Inc's reported EPS for the
quarter was a loss of 71 cents​.
* The mean earnings estimate of analysts had risen by
about 62.3% 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 6.7%
this quarter and gained 61.7% so far this year.
* The company reported a quarterly loss of $18.58 million.
* Wall Street's median 12-month price target for Montrose
Environmental Group Inc is $62.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 10 at 10:28 p.m.  ​All
figures in US dollars unless otherwise stated