Montrose Environmental Group (MEG) Earnings Date, Estimates & Call Transcripts

$28.96

-1.85 (-6.00%)

(As of 09/6/2024 ET)

Upcoming Earnings Date: Nov. 5Estimated
Actual EPS (Aug. 6): -$0.12 Missed By -$0.15
Consensus EPS (Aug. 6): $0.03

MEG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MEG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Montrose Environmental Group Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	1	($0.07)	($0.07)	($0.07)
Q2 2024	2	($0.11)	($0.07)	($0.09)
Q3 2024	1	$0.03	$0.03	$0.03
Q4 2024	1	$0.04	$0.04	$0.04
FY 2024	5	($0.11)	($0.07)		($0.09)

MEG Earnings Date and Information

Montrose Environmental Group last posted its quarterly earnings data on August 6th, 2024. The reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.03 by $0.15. The business had revenue of $173.33 million for the quarter, compared to analysts' expectations of $174.59 million. Montrose Environmental Group has generated ($1.48) earnings per share over the last year (($1.48) diluted earnings per share). Earnings for Montrose Environmental Group are expected to grow by 253.85% in the coming year, from $0.13 to $0.46 per share. Montrose Environmental Group has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 5th, 2024 based off prior year's report dates.

Montrose Environmental Group Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/5/2024 (Estimated)	-	-	-	-	-	-	-
8/6/2024	Q2 2024	$0.03	($0.12)	($0.15)	$0.15	$174.59 million	$173.33 million
5/7/2024	Q1 2024	($0.19)	($0.20)	($0.01)	$0.13	$152.61 million	$155.33 million
2/29/2024	Q4 2023	($0.12)	($0.04)	+$0.08	$0.10	$157.31 million	$165.74 million
11/7/2023	Q3 2023	($0.03)	($0.09)	($0.06)	$0.21	$163.96 million	$167.94 million
8/8/2023	Q2 2023	($0.29)	($0.38)	($0.09)	($0.38)	$144.13 million	$159.10 million
5/9/2023	Q1 2023	($0.36)	($0.63)	($0.27)	($0.63)	$136.80 million	$131.43 million
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2/28/2023	Q4 2022	($0.24)	($0.50)	($0.26)	($0.50)	$140.97 million	$139.51 million
11/8/2022	Q3 2022	($0.20)	($0.33)	($0.13)	($0.33)	$141.46 million	$130.31 million
8/8/2022	Q2 2022	($0.12)	($0.33)	($0.21)	($0.26)	$137.92 million	$139.91 million
5/9/2022	Q1 2022	($0.03)	($0.39)	($0.36)	($0.39)	$133.45 million	$134.68 million
2/28/2022	Q4 2021	$0.02	($0.19)	($0.21)	($0.19)	$122.23 million	$143.79 million
11/9/2021	Q3 2021	$0.07	$0.04	($0.03)	$0.15	$120.31 million	$132.58 million
8/9/2021	Q2 2021	$0.09	($0.54)	($0.63)	$0.45	$118.95 million	$136.22 million
5/12/2021	Q1 2021	($0.07)	($0.02)	+$0.05	$0.58	$93.93 million	$133.82 million
3/23/2021	Q4 2020	$0.14	($0.22)	($0.36)	($0.13)	$85.73 million	$108.74 million
11/12/2020	Q3 2020	$0.15	($1.62)	($1.77)	($0.25)	$77.17 million	$84.71 million
8/31/2020	Q2 2020	$0.28	$0.61	+$0.33	$0.61	$72.47 million	$73.77 million

Montrose Environmental Group Earnings - Frequently Asked Questions

When is Montrose Environmental Group's earnings date?: Montrose Environmental Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 5th, 2024 based off last year's report dates. Learn more on MEG's earnings history.
What guidance has Montrose Environmental Group issued on next quarter's earnings?: Montrose Environmental Group issued an update on its FY 2024 earnings guidance on Tuesday, August, 6th. The company issued revenue guidance of $690.0 million-$740.0 million, compared to the consensus revenue estimate of $708.6 million.
Did Montrose Environmental Group beat their earnings estimates last quarter?: In the previous quarter, Montrose Environmental Group (NYSE:MEG) missed the analysts' consensus estimate of $0.03 by $0.15 with a reported earnings per share (EPS) of ($0.12). Learn more on analysts' earnings estimate vs. MEG's actual earnings.
How much revenue does Montrose Environmental Group generate each year?: Montrose Environmental Group (NYSE:MEG) has a recorded annual revenue of $662.33 million.
How much profit does Montrose Environmental Group generate each year?: Montrose Environmental Group (NYSE:MEG) has a recorded net income of -$30.86 million. MEG has generated -$1.48 earnings per share over the last four quarters.
What is Montrose Environmental Group's EPS forecast for next year?: Montrose Environmental Group's earnings are expected to grow from $0.13 per share to $0.46 per share in the next year, which is a 253.85% increase.