Montrose Environmental Gr (NYSE:MEG) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $(0.26) by 146.15 percent. This is a 271.43 percent increase over losses of $(0.07) per share from the same period last year. The company reported quarterly sales of $130.30 million which missed the analyst consensus estimate of $142.72 million by 8.70 percent. This is a 1.72 percent decrease over sales of $132.58 million the same period last year.
Elon Musk Sees Deflation Coming If There Is Another Major Fed Rate Hike
Elon Musk has warned that another interest rate hike by the U.S. Federal Reserve could result in deflation hitting the economy.
A major Fed rate hike risks deflation
