Montrose Environmental Gr (NYSE: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.
Earnings
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.
