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A fall in COVID testing led to a revenue shortfall.
Montrose Environmental (MEG) delivered earnings and revenue surprises of -108.33% and 1.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its fourth quarter and full year 2022 earnings release on Tuesday, February 28, 2023, after the close of trading on the New York Stock Exchange.
The environmental industry is extremely complex, regulated, and hard to navigate. MEG offers a one-stop-shop solution for companies to address all their demand, across countries and regions.
Montrose Environmental Group went public in September 2021, raising $155 million in gross IPO proceeds. The company provides environmental remediation, cleaning and consulting services to businesses and government clients.
Montrose Environmental Group Inc (NYSE:MEG ) Q3 2022 Results Conference Call November 9, 2022 8:30 AM ET Company Participants Rodny Nacier - IR Vijay Manthripragada - CEO Allan Dicks - CFO Conference Call Participants Tim Mulrooney - William Blair Andrew Obin - Bank of America Stephanie Yee - JPMorgan Noelle Dilts - Stifel Operator Greetings, ladies and gentlemen, and welcome to the Montrose's Environmental Group Third Quarter of 2022 Earnings Call. At this time, all participants are in a listen-only mode.
MEG Energy Corp. (OTCPK:MEGEF) Q3 2022 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants Derek Evans - Chief Executive Officer Darlene Gates - Chief Operating Officer Ryan Kubik - Chief Financial Officer Lyle Yuzdepski - General Counsel & Corporate Secretary Conference Call Participants John Royall - JPMorgan Nicolette Slusser - Goldman Sachs Menno Hulshof - TD Securities Operator Good morning. My name is Colin, and I will be your conference operator today.
Since early summer, MEG Energy Corp. has underperformed relative to other oil equities. The likely culprit is the widening WCS-WTI spread.
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Morgan Stanley 10th Annual Laguna Conference in Dana Point, CA on Thursday, September 15, 2022 at 2:40 p.m. Eastern Time (11:40 a.m. Pacific Time). Prior to Montrose's attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website. A live audio webcas
MEG Energy is a producer of bitumen in Canada. The Q2 production rate was low due to a planned turnaround at the Christina Lake facility.