Montauk Renewables (NASDAQ:MNTK) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Montauk Renewables missed estimated earnings by 10.0%, reporting an EPS of $0.09 versus an estimate of $0.1.
Revenue was down $172 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 10.97% increase in the share price the next day.
Here’s a look at Montauk Renewables’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | -0.01 | 0.09 | 0.13 |
| EPS Actual | 0.01 | -0.03 | 0.05 | 0.08 |
| Revenue Estimate | 45.28M | 39.90M | 57.32M | 59.80M |
| Revenue Actual | 53.26M | 19.15M | 49.64M | 55.86M |
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.
