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Montrose Environmental(MEG) - 2024 Q1 - Quarterly Report
2024-05-08 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39394 Montrose Environmental Group, Inc. (Exact Name of Registrant as Specified in its Charter) | Delaware | 46-4195044 | | --- | ...
Montrose Environmental (MEG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-08 01:01
For the quarter ended March 2024, Montrose Environmental (MEG) reported revenue of $155.33 million, up 18.2% over the same period last year. EPS came in at $0.16, compared to -$0.63 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $152.61 million, representing a surprise of +1.78%. The company delivered an EPS surprise of +220.00%, with the consensus EPS estimate being $0.05.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...
Montrose Environmental (MEG) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-05-08 00:26
Montrose Environmental (MEG) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 220%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.27, delivering a surprise of 170%.Over the last four quarters, the company ha ...
Montrose Environmental(MEG) - 2024 Q1 - Quarterly Results
2024-05-07 20:30
Exhibit 99.1 MONTROSE ENVIRONMENTAL GROUP ANNOUNCES FIRST QUARTER 2024 RESULTS - Record First Quarter Consolidated Adjusted EBITDA1 of $16.9 Million - - Executed Three Highly Accretive Acquisitions and Expanded Patent Portfolio - - Reiterates Recently Raised 2024 Revenue and Consolidated Adjusted EBITDA1 Guidance - Little Rock, Arkansas (May 7, 2024) – Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced results for the first quarter ended March 31, 2024. Montr ...
Montrose Environmental (MEG) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-04-30 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Montrose Environmental (MEG) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May ...
Why Montrose Environmental Stock Eroded This Week
The Motley Fool· 2024-04-18 16:16
The company is building its cash stockpile for further dealmaking.Montrose Environmental Group (MEG 11.87%) shares have been flying high in 2024 and management has decided to use the strength to build its war chest.Shares of the environmental consulting firm were down 7.4% for the week, according to data provided by S&P Global Market Intelligence, as of Thursday afternoon, and at one point were down as much as 15%, after the company announced a secondary offering.Selling into a rallyMontrose Environmental i ...
Montrose Environmental(MEG) - 2023 Q4 - Annual Report
2024-02-29 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39394 Montrose Environmental Group, Inc. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incor ...
Montrose Environmental(MEG) - 2023 Q4 - Earnings Call Transcript
2024-02-29 17:02
Montrose Environmental Group, Inc. (NYSE:MEG) Q4 2023 Earnings Conference Call February 29, 2024 8:30 AM ET Company Participants Rodny Nacier - IR Vijay Manthripragada - President and CEO Allan Dicks - CFO Conference Call Participants Jim Ricchiuti - Needham & Company Tim Mulrooney - William Blair David Ridley-Lane - Bank of America Brian Butler - Stifel Operator Good day, and welcome to Montrose Environmental Group Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note that this ...
Montrose Environmental(MEG) - 2023 Q4 - Annual Results
2024-02-29 12:00
Exhibit 99.1 MONTROSE ENVIRONMENTAL GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS - Record Full Year Revenue and Cash Flow from Operations - - Net Loss of $30.9 million; Basic and Diluted Net Loss Per Share of $1.57 - - Significant Increase in Diluted Adjusted Net Income Per Share 1 - - Record Full Year Consolidated Adjusted EBITDA1 - - Expansion in Segment Level and Consolidated Adjusted EBITDA1 as Percent of Revenue for Full Year - - Continued Success Consolidating Fragmented Industry with Hig ...
Montrose Environmental(MEG) - 2023 Q3 - Earnings Call Transcript
2023-11-08 23:00
Montrose Environmental Group, Inc. (NYSE:MEG) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Rodny Nacier - Investor Relations Vijay Manthripragada - President and Chief Executive Officer Allan Dicks - Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Jim Ricchiuti - Needham & Company David Ridley-Lane - Bank of America Wade Suki - Capital One Stephanie Yee - JP Morgan Operator Good morning and welcome to the Montrose Environmental Group, I ...