Montauk Renewables Inc reports results for the quarter ended June 30 - Earnings Summary

Reuters
Aug 07
<a href="https://laohu8.com/S/MNTK">Montauk Renewables</a> Inc reports results for the quarter ended June 30 - Earnings Summary
  • Montauk Renewables Inc MNTK.OQ reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended June 30, 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 3 cents per share.

  • Revenue rose 4.1% to $45.13 million from a year ago; analysts expected $43.54 million.

  • Montauk Renewables Inc's reported EPS for the quarter was a loss of 4 cents​.

  • The company reported a quarterly loss of $5.49 million.

  • Montauk Renewables Inc shares had fallen by 6.8% this quarter and lost 48.0% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged 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," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."

  • Wall Street's median 12-month price target for Montauk Renewables Inc is $2.93, about 28.9% above its last closing price of $2.08

This summary was machine generated from LSEG data August 7 at 01:40 a.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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2025

0.01

-0.04

Missed

Mar. 31 2025

0.01

0.00

Missed

Dec. 31 2024

0.05

-0.06

Missed

Sep. 30 2024

0.10

0.12

Beat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10