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

Onterris

08/11/2022 23:29

* Montrose Environmental Group Inc  MEG.N  reported a
quarterly
adjusted loss of 33 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for a loss of 26 cents per share.
    * Revenue fell 1.7% to $130.31 million from a year ago;
analysts
expected $142.72 million. 
    * Montrose Environmental Group Inc's reported EPS for the
quarter
was a loss of 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 65.1%
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 19.9%
this
quarter and lost 42.8% so far this year.
    * The company reported a quarterly loss of $9.82 million.
    * Wall Street's median 12-month price target for Montrose
Environmental Group Inc is $50.50 
    * 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 from Refinitiv data November
8 at 11:29 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.26          -0.33          Missed
 Jun. 30 2022      -0.12          0.03           Beat
 Mar. 31 2022      -0.11          -0.39          Missed
 Dec. 31 2021      -0.06          -0.19          Missed