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MEG

Montrose Environmental Group, Inc.

$41.39

Earnings Summary

Revenue
$165.74Mn
Net Profits
$-1.44Mn
Net Profit Margins
-0.87%

Highlights

Revenue:

Montrose Environmental Group, Inc.’s revenue jumped 18.8% since last year same period to $165.74Mn in the Q4 2023. On a quarterly growth basis, Montrose Environmental Group, Inc. has generated -1.31% fall in its revenue since last 3-months.

Net Profits:

Montrose Environmental Group, Inc.’s net profit jumped 86.67% since last year same period to $-1.44Mn in the Q4 2023. On a quarterly growth basis, Montrose Environmental Group, Inc. has generated 80.85% jump in its net profits since last 3-months.

Net Profit Margins:

Montrose Environmental Group, Inc.’s net profit margin jumped 88.78% since last year same period to -0.87% in the Q4 2023. On a quarterly growth basis, Montrose Environmental Group, Inc. has generated 80.6% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Montrose Environmental Group, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.45
EPS Estimate Current Year
-0.45

Highlights

EPS Estimate Current Quarter:

Montrose Environmental Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.45 - a -25% fall from last quarter’s estimates.

EPS Estimate Current Year:

Montrose Environmental Group, Inc.’s earning per share (EPS) estimates for the current year stand at -0.45.

Key Ratios

Key ratios of the Montrose Environmental Group, Inc. post its Q4 2023 earnings

Earning Per Share (EPS)
-0.18
Return on Assets (ROA)
-0.02
Return on Equity (ROE)
-0.07

Highlights

Earning Per Share (EPS):

Montrose Environmental Group, Inc.’s earning per share (EPS) jumped 64% since last year same period to -0.18 in the Q4 2023. This indicates that the Montrose Environmental Group, Inc. has generated 64% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Montrose Environmental Group, Inc.’s return on assets (ROA) stands at -0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Montrose Environmental Group, Inc.’s return on equity (ROE) stands at -0.07.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-02-29
-0.36
-0.18
50%
2023-11-08
-0.23
-0.39
-69.57%
2023-08-09
-0.29
-0.38
-31.03%
2023-05-10
-0.37
-0.63
-70.27%