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Montrose Environmental (MEG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its first quarter 2024 earnings release on Tuesday, May 7, 2024, after the close of trading on the New York Stock Exchange. You are invited to participate in the Company's conference call hosted by CEO Vijay Manthripragada and CFO Allan Dicks on May 8, 2024 at 8:30 AM EDT to discuss the Company's first quarter financial results. Their prepare.
Montrose Environmental (MEG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Montrose Environmental, which has used M&A to build its business, is selling shares into the market to raise cash. Secondary offerings tend to have a short-term negative impact on share price, as it did in this case.
The busy environmental services specialist announced the acquisition of a peer and raised its guidance. It is now the owner of the once privately held Engineering & Technical Associates.
Montrose Environmental (MEG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does Montrose Environmental (MEG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Montrose Environmental Group, Inc. (NYSE:MEG) Q4 2023 Earnings Conference Call February 29, 2024 8:30 AM ET
Montrose beat expectations for the quarter, and posted solid growth numbers. The company is forecasting more top-line growth in 2024, driven by new business and acquisitions.
Although the revenue and EPS for Montrose Environmental (MEG) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.