• Montauk Renewables Inc MNTK.OQ reported quarterly breakeven results​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of four analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 2 cents per share.

• Revenue rose 9.8% to $42.60 million from a year ago; analysts expected $42.40 million.

• Montauk Renewables Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $464 thousand.

• Montauk Renewables Inc shares had risen by 7.2% this quarter and lost 43.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 150% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "hold"

• Wall Street's median 12-month price target for Montauk Renewables Inc is $3.00

This summary was machine generated from LSEG data May 8 at 10:23 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)