Montrose Environmental(MEG)

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Compared to Estimates, Montrose Environmental (MEG) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-07 01:05
Montrose Environmental (MEG) reported $173.33 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.9%. EPS of $0.20 for the same period compares to -$0.38 a year ago. The reported revenue represents a surprise of -0.72% over the Zacks Consensus Estimate of $174.59 million. With the consensus EPS estimate being $0.24, the EPS surprise was -16.67%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...
Montrose Environmental (MEG) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-07 00:00
Montrose Environmental (MEG) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.16, delivering a surprise of 220%. Over the last four quarters, the compa ...
MEG Energy: Dividends Are Finally Arriving (Rating Upgrade)
Seeking Alpha· 2024-07-31 04:16
■ I t 1100 1 of the F 78 AdShooter Q2 Update | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------|----------------|------------------------------------|-------|---------|----------------------------------------------------------------|-------|---------------------------------|-------------|-------|-----------------|-------| | (Smillions, except as indicated) | 2024 | Six monthsended June 30 \n2023 | Q2 | | 2024 \n ...
Montrose Environmental Group Deploys Leak Detection Sensor Network to Reduce Emissions in Gulf Coast Refinery
Prnewswire· 2024-07-30 11:00
LITTLE ROCK, Ark., July 30, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today shared insight on the use of its Leak Detection Sensor Network (LDSN) solution to enhance real-time emissions monitoring in a U.S. Gulf Coast refinery. The EPA allows for alternative means of emission limitation (AMEL) for nonstandard leak detection monitoring systems through the Clean Air Act. The federal law establishes e ...
Montrose Environmental Group Partners with Waste Connections to Use Patented PFAS Treatment System to Address PFAS-Impacted Landfill Leachate
Prnewswire· 2024-07-23 11:00
Ahead of regulatory enforcement and to proactively address PFAS passively received in municipal solid waste, Waste Connections contacted Montrose and its subsidiary ECT2 to evaluate and identify the best PFAS removal technology for landfill leachate at their Champ Landfill in Missouri. Key components of the project included: Research, development and deployment of a pilot treatment system; Use of ECT2's patented FOAM-X™ treatment system; Rapid leachate sample analysis by Montrose subsidiary Enthalpy Analyti ...
Montrose Environmental Group Implements Proprietary Technology to Address Colorado Air Monitoring Regulations
Prnewswire· 2024-07-16 11:00
LITTLE ROCK, Ark., July 16, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today shared insight into the use of their proprietary technology to address air monitoring regulations in Colorado. Montrose partnered with two of the four affected facilities in Colorado to install and operate a fenceline air monitoring program, including the development of a monitoring plan, to satisfy the requirements of HB21 ...
Montrose Environmental Group Pioneers First-Ever LDAR Alternative Work Practice in a United States Refinery
Prnewswire· 2024-07-09 11:00
LITTLE ROCK, Ark., July 9, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth, global environmental solutions company, today shared insight into the first-ever leak detection and repair (LDAR) alternative work practice (AWP) deployed in a U.S. refinery. Leaking equipment has been cited by the United States Environmental Protection Agency (EPA) as the primary source of volatile organic compounds (VOCs) and volatile hazardous air pollutants (HAPs) ...
Montrose Environmental Group Releases 2023 Sustainability Report Executive Summary
Prnewswire· 2024-07-02 11:00
The 2023 Sustainability Report Executive Summary focuses on Montrose's sustainability approach, the impact of environmental solutions provided and Montrose's own environmental performance. The Executive Summary celebrates the Company's 2023 accomplishments including: Additionally, the application of innovative solutions resulted in meaningful impact in 2023, including: Read Montrose's 2023 Sustainability Report Executive Summary to learn more about the Company's sustainability achievements and innovative ad ...
Montrose Environmental Group Releases 2023 Sustainability Report
Prnewswire· 2024-06-25 11:00
"At Montrose, we view our business' sustainability as core to our decision framework," said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group. "Our sustainability approach addresses the elements identified by our materiality assessment, focusing on factors most relevant to our business, stakeholders and employees. This informs our comprehensive strategy for serving and assisting our clients – the One Montrose way. This means integrating sustainable practices into ou ...
Montrose Environmental(MEG) - 2024 Q1 - Earnings Call Presentation
2024-05-09 23:16
Montrose Environmental Group, Inc. Reconciliation of Net Loss to Consolidated Adjusted EBITDA (In thousands) First Quarter 2024 Earnings Call May 8, 2024 Included in this presentation and the accompanying oral presentation are certain financial measures that are not calculated in accordance with U.S. generally accepted accounting principles ("GAAP") designed to supplement, and not substitute, Montrose's financial information presented in accordance with GAAP. The non-GAAP measures as defined by Montrose may ...