Recap: Montauk Renewables Q4 Earnings

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Montauk Renewables MNTK reported its Q4 earnings results on Thursday, March 14, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Montauk Renewables missed estimated earnings by -43.0%, reporting an EPS of $0.04 versus an estimate of $0.07.

Revenue was down $2.84 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 37.0% drop in the share price the next day.

Here's a look at Montauk Renewables's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.10 0.04 -0.01 0.09
EPS Actual 0.09 0.01 -0.03 0.05
Revenue Estimate 57.93M 45.28M 39.90M 57.32M
Revenue Actual 55.69M 53.26M 19.15M 49.64M

To track all earnings releases for Montauk Renewables visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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