Montrose Environmental Group Inc reports results for the quarter ended March 31 - Earnings Summary

Onterris

08/05/2025 01:10

Montrose Environmental Group Inc MEG.N reported a quarterly adjusted loss of 64 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -53 cents.  The mean expectation of four analysts for the quarter was for a loss of 48 cents per share. Wall Street expected results to range from -60 cents to -37 cents per share.

Revenue rose 14.5% to $177.83 million from a year ago; analysts expected $168.12 million.

Montrose Environmental Group Inc's reported EPS for the quarter was a loss of 64 cents​.

The company reported a quarterly loss of $22.11 million.

Montrose Environmental Group Inc shares had risen by 7.0% this quarter and lost 17.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 94% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Montrose Environmental Group Inc is $28.00

This summary was machine generated from LSEG data May 8 at 12:10 a.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
Mar. 31 2025
-0.48
-0.64
Missed
Dec. 31 2024
-0.52
-0.90
Missed
Sep. 30 2024
-0.09
-0.39
Missed
Jun. 30 2024
-0.22
-0.39
Missed