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Stock impact report

Montrose Environmental Group, Inc. (NYSE:MEG) Just Reported, And Analysts Assigned A US$42.50 Price Target [Yahoo! Finance]

Montrose Environmental Group, Inc. (MEG) 
Company Research Source: Yahoo! Finance
It was a pretty negative result overall, with revenues of US$179m missing analyst predictions by 3.7%. Worse, the business reported a statutory loss of US$0.39 per share, much larger than the analysts had forecast prior to the result. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. View our latest analysis for Montrose Environmental Group Taking into account the latest results, the most recent consensus for Montrose Environmental Group from seven analysts is for revenues of US$778.5m in 2025. If met, it would imply a meaningful 16% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 74% to US$0.37. Yet prior to the latest earnings, Show less Read more
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