Montrose Environmental Group (NYSE: MEG) is set to announce its financial results for the third quarter of 2024 on Wednesday 6th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
In accordance with the predictions of financial analysts on Wall Street, the firm is on track to report an expected per share of $0.09 loss for the quarter. Furthermore, the firm is projected to disclose a total revenue of $185.47 million for this quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $712.72 million. Additionally, they expect the company to reach loss of $0.99 per share for the fiscal year.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.14. This was a direct result of the company's total revenue, which amounted to an impressive $167.94 million during that specific period.
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
Friday's trading saw Montrose Environmental Group (MEG) shares hit a low of $25.16 and a high of $26.46, with a day volume of 446.20 thousand shares. The stock closed the regular trading session at $25.71, marking 2.5 percent drop.