Shares of environmental services provider Montrose (NYSE:MEG)
jumped 14.7% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' revenue, EPS, and EBITDA expectations. Revenue climbed nearly 15% from the same period last year, with strength in the Measurement and Analysis and Remediation and Reuse segments more than offsetting declines in emergency response and permitting project revenues. Montrose also announced its first-ever stock repurchase program and completed a $60 million preferred equity redemption, showcasing its balance sheet strength and confidence in future cash flows. Zooming out, we think this was a good print with some key areas of upside.
Environmental services provider Montrose (NYSE:MEG) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 14.5% year on year to $177.8 million. The company’s full-year revenue guidance of $760 million at the midpoint came in 0.7% above analysts’ estimates. Its non-GAAP profit of $0.07 per share was significantly above analysts’ consensus estimates.
Unprofitable companies face headwinds as they struggle to keep operating expenses under control.
Some may be investing heavily, but the majority fail to convert spending into sustainable growth.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
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As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the waste management industry, including Republic Services (NYSE:RSG) and its peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the waste management industry, including Waste Connections (NYSE:WCN) and its peers.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn -
over the past six months, the industry has pulled back by 8.6%. This drop was worse than the S&P 500’s 1.6% loss.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Montrose (NYSE:MEG) and the best and worst performers in the waste management industry.
Shareholders of Montrose would probably like to forget the past six months even happened. The stock dropped 42.7% and now trades at $16.68. This may have investors wondering how to approach the situation.
Montrose Environmental Group selected by U.S. Air Force as one of the firms to provide environmental services, including contaminant remediation, over the next decade.
Intrigued by the market activity in the middle of the day on Thursday? Uncover the key winners and losers of today's session in our insightful analysis.
Environmental services provider Montrose (NYSE:MEG) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 14.1% year on year to $189.1 million. The company expects the full year’s revenue to be around $760 million, close to analysts’ estimates. Its non-GAAP profit of $0.29 per share was significantly above analysts’ consensus estimates.
