Montrose Environmental Reports Disappointing Q4 Earnings

In a disappointing Q4, Montrose Environmental Group (MEG) reported earnings of -$30.98 million, a significant drop compared to the previous year. With EPS at -$0.90, the company falls short of analysts' expectations.

Date: 27-02-2025

AI Rating: 4

Earnings Per Share (EPS)
Montrose Environmental Group, Inc. reported an EPS of -$0.90 in Q4, compared to -$0.18 in the same period last year. This shows a significant decline in profitability and raises concerns for investors about the company's financial health.

Revenue Growth
The company reported revenue of $189.06 million in Q4, which is an increase from $165.74 million in the same period last year. Although revenue growth is a positive indicator, it is overshadowed by the overall negative earnings.

Net Income
The net income reported was -$30.98 million, which is a sharp decline from -$5.54 million last year. This steep increase in losses indicates worsening operational inefficiencies and could lead investors to reconsider their positions.

Adjusted Earnings
Excluding items, the company posted adjusted earnings of $11.94 million, translating to $0.29 per share, which exceeded analysts' projection of $0.14 per share. While this is a positive note, the negative EPS still raises a red flag.

Stocks: MEG