Montrose Environmental Group Announces Fourth Quarter and Full Year 2021 Results

Go back to Montrose Environmental Group Announces Fourth Quarter and Full Year 2021 Results

Montrose Environmental Group (MEG) PT Lowered to $60 at Needham & Company

March 1, 2022 3:50 PM EST

Needham & Company analyst James Ricchiuti lowered the price target on Montrose Environmental Group (NYSE: MEG) to $60.00 (from $84.00) while maintaining a Buy rating.

The analyst commented, "MEG posted in-line adj. EBITDA for Q4, closing out 2021 with a performance that benefited from the unusually strong... More

Montrose Environmental (MEG) Misses Q4 EPS by 13c

February 28, 2022 4:34 PM EST

Montrose Environmental (NYSE: MEG) reported Q4 EPS of ($0.19), $0.13 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $143.8 million versus the consensus estimate of $121.98 million.

GUIDANCE:

Montrose Environmental sees FY2022 revenue of $520-570 million, versus the consensus of... More