Montrose Environmental Gr MEG is gearing up to announce its quarterly earnings on Wednesday, 2025-02-26. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Montrose Environmental Gr will report an earnings per share (EPS) of $0.31.
Investors in Montrose Environmental Gr are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.06, leading to a 2.95% drop in the share price on the subsequent day.
Here's a look at Montrose Environmental Gr's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | 0.31 | 0.35 | -0.22 | -0.45 |
EPS Actual | 0.29 | 0.41 | 0.20 | 0.16 |
Price Change % | 33.0% | -3.0% | 0.0% | -9.0% |
Montrose Environmental Gr Share Price Analysis
Shares of Montrose Environmental Gr were trading at $15.47 as of May 02. Over the last 52-week period, shares are down 67.67%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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