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

Onterris

10/11/2021 10:43

* Montrose Environmental Group Inc  MEG.N  reported quarterly
adjusted earnings of 7 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 3 cents per share.
* Revenue rose 56.5% to $132.58 million from a year ago; 
analysts expected $119.10 million. 
* Montrose Environmental Group Inc's reported EPS for the
quarter was a loss of 7 cents​.
* The mean earnings estimate of analysts had risen by
about 52.5% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Montrose Environmental Group Inc shares had risen by 24.8%
this quarter and gained 148.9% so far this year.
* The company reported a quarterly loss of $1.85 million.
* Wall Street's median 12-month price target for Montrose
Environmental Group Inc is $66.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 10 at 10:43 a.m.
 ​All figures in US dollars unless otherwise stated