Montrose Environmental Gr: Q1 Earnings Insights

Montrose Environmental Gr MEG reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:30 PM.

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


Montrose Environmental Gr beat estimated earnings by 94.59%, reporting an EPS of $-0.02 versus an estimate of $-0.37.

Revenue was down $3.25 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3 which was followed by a 10.76% drop in the share price the next day.

Here's a look at Montrose Environmental Gr's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.23 -0.26 -0.12 -0.11
EPS Actual 0.07 0.09 0.03 -0.39
Revenue Estimate 141.24M 142.72M 137.60M 133.20M
Revenue Actual 139.51M 130.31M 139.91M 134.68M

To track all earnings releases for Montrose Environmental Gr visit their earnings calendar here.

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

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