Montauk energy-Montauk Renewables (MNTK) Reports Q2 Loss, Misses Revenue Estimates

Montauk Renewables (MNTK) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of$ 0.06. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -116.67%. A quarter ago, it was expected that this renewable energy company would post a loss of$ 0.02 per share when it actually produced earnings of $0.01, delivering a surprise of 150%. Over the last four quarters, the com ...