Workflow
Montrose Environmental
icon
Search documents
Montrose Environmental (MEG) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-07 23:45
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]
Montrose Environmental(MEG) - 2025 Q1 - Quarterly Results
2025-05-07 20:44
Exhibit 99.1 Montrose Environmental Group Reports Record First Quarter Results, Increases 2025 Guidance, and Announces Inaugural Stock Repurchase Program First Quarter 2025 Highlights (comparisons to first quarter 2024) Increased 2025 Guidance Strategic Capital Allocation Update Little Rock, Arkansas (May 7, 2025) – Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us, and aims t ...
Montrose Environmental Group Reports Record First Quarter Results, Increases 2025 Guidance, and Announces Inaugural Stock Repurchase Program
Prnewswire· 2025-05-07 20:34
Core Insights - Montrose Environmental Group reported its highest-ever first-quarter revenue, Consolidated Adjusted EBITDA, and operating cash flow for Q1 2025, driven by strong organic growth and strategic capital allocation [3][6][12] - The company has increased its 2025 guidance for Consolidated Adjusted EBITDA to a range of $103.0 million to $110.0 million, reflecting a positive outlook despite macroeconomic uncertainties [4][5] - Montrose aims to achieve high-single-digit organic revenue growth and enhance margins while maintaining liquidity and optimizing its balance sheet [3][5] Financial Performance - Total revenue for Q1 2025 was $177.8 million, a 14.5% increase from $155.3 million in Q1 2024, attributed to organic growth and contributions from acquisitions [6][8] - The net loss for Q1 2025 was $19.4 million, or $0.64 per diluted share, compared to a net loss of $13.4 million, or $0.53 per diluted share in the prior year [9][10] - Adjusted Net Income for Q1 2025 was $5.8 million, or $0.07 per diluted share, down from $8.4 million, or $0.16 per diluted share in Q1 2024 [10][36] Segment Performance - The Remediation and Reuse segment generated $65.7 million in revenue, while the Measurement and Analysis segment contributed $59.0 million, reflecting strong demand across diverse end markets [8][20] - The Assessment, Permitting and Response segment saw a revenue decline to $53.1 million due to the absence of larger projects that occurred in the prior year [8][20] Cash Flow and Liquidity - Operating cash flow for Q1 2025 was $5.5 million, a significant improvement from a cash outflow of $22.0 million in the prior year [12][23] - As of March 31, 2025, Montrose had a leverage ratio of 2.2x and liquidity of $294.2 million, including $30.3 million in cash [14][21] Strategic Initiatives - The company announced a stock repurchase program of up to $40.0 million and redeemed $60.0 million of preferred equity in April 2025 [6][14] - Montrose's strategic focus includes enhancing environmental stewardship while driving economic growth through its integrated service portfolio [3][5]