The headline numbers for Montrose Environmental (MEG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Wed, Nov. 06, 2024

Montrose Environmental (MEG) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.18 per share a year ago.

Wed, Nov. 06, 2024

Third Quarter 2024 Highlights (comparisons to third quarter 2023) Highest-ever total revenue of $178.7 million, an increase of $10.8 million, or 6.4% Net loss of $10.6 million, or $0.39 net loss per diluted share attributable to common stockholders (LPS), and Adjusted Net Income1 of $19.1 million, or $0.41 Diluted Adjusted Net Income per share1 (Adj EPS) Record Consolidated Adjusted EBITDA1 of $28.3 million, an increase of $5.0 million, or 21.5% Consolidated margin expansion Reaffirms full-year 2024 guidance for total revenue of $690 million to $740 million, and Consolidated Adjusted EBITDA1 of $95 million to $100 million First Nine Months 2024 Highlights (comparisons to first nine months 2023) Record total revenue of $507.4 million, an increase of $48.9 million, or 10.7% Net loss of $34.1 million, or $1.30 LPS, and Adjusted Net Income1 of $38.6 million, or $0.80 Adj EPS1 Record Consolidated Adjusted EBITDA1 of $68.5 million, an increase of $7.5 million, or 12.2% Received five patents in 2024, bringing total patent portfolio to 23, which enhance differentiated capabilities across multiple contaminants, including PFAS Strategic Capital Allocation Priorities Long-term capital allocation strategy unchanged Near-term priority is redemption of preferred equity and subsequent deleveraging; concurrently de-emphasizing acquisitions Continued focus on cash flow generation LITTLE ROCK, Ark. , Nov. 6, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced results for the third quarter and first nine month periods ended September 30, 2024.

Wed, Nov. 06, 2024

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today the planned dates for its third quarter 2024 results and conference call. On Wednesday, November 6, 2024, after the close of trading on the New York Stock Exchange, Montrose intends to release its third quarter 2024 results. On Thursday, November 7, 2024 at 8:30 a.m. Eastern Time, Montrose plans to host a conference call to discuss the Company's third quarter r.

Wed, Oct. 23, 2024

LITTLE ROCK, Ark. , Oct. 15, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. (together with its subsidiaries, "Montrose" or "the Company") (NYSE: MEG), a leading provider of innovative environmental solutions, announced today that the Company has been selected to receive a contract to provide environmental quality support to the Mobile District, South Atlantic Division, U.S. Army Corps of Engineers (USACE).

Tue, Oct. 15, 2024