Montrose Environmental (MEG) Tops Q1 Earnings and Revenue Estimates

分组1 - Montrose Environmental (MEG) reported quarterly earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of a loss of $0.12 per share, representing an earnings surprise of 158.33% [1] - The company posted revenues of $177.83 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.87%, compared to year-ago revenues of $155.33 million [2] - Over the last four quarters, Montrose Environmental has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed the market, losing about 17.7% since the beginning of the year, while the S&P 500 declined by 4.7% [3] - The current consensus EPS estimate for the coming quarter is $0.13 on revenues of $187.79 million, and for the current fiscal year, it is $0.38 on revenues of $758.92 million [7] - The Waste Removal Services industry, to which Montrose Environmental belongs, is currently in the bottom 23% of the Zacks Industry Rank, indicating potential challenges ahead [8]