Montrose Environmental Group, Inc.

Montrose Environmental Group, Inc. is an environmental services company, which engages in the provision of air measurement and environmental laboratory services. The firm operates through following segments: Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects, and development projects. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants as well as the toxicological impact of contaminants on flora, fauna, and human health. The Remediation and Reuse segment provides clients with engineering, design, implementation and operations and maintenance services, primarily to treat contaminated water, remove contaminants from soil or create biogas from waste. The company was founded in 2012 is headquartered in North Little Rock, AR.

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Earnings data Q4 2024

Montrose Environmental Group excels in 2022, eyes growth opportunities

MEG's strong performance in 2022, driven by organic growth and client relationships, positions them well for future success.
Challenges include the transition of CTEH's revenue focus and potential economic impacts on acquisition strategy.
Opportunities lie in strategic acquisitions, synergies between Montrose and CTEH, and continued growth in key service areas.

Montrose Environmental Group, Inc. reports strong Q1 performance and eyes growth opportunities in greenhouse gas management

Montrose Environmental Group, Inc. delivered a strong Q1 2023 performance with solid revenue growth, margin improvements, and strategic acquisitions, supported by regulatory tailwinds.
The company's focus on operational efficiency, financial stability, and market adaptability underscores its resilience and growth potential in a dynamic business environment.
Despite facing challenges in maintaining margins and navigating market uncertainties, Montrose Environmental Group, Inc. remains well-positioned to capitalize on growth opportunities and drive long-term value creation.
With a strong balance sheet, diversified service offerings, and a focus on sustainability, the company is poised to leverage market opportunities and drive continued success in the future.

Montrose Environmental Group reports robust Q2 earnings and growth opportunities

Montrose Environmental Group, Inc. demonstrates strong performance with revenue of $159.1 million and adjusted EBITDA of $21.2 million, driven by organic growth and strategic acquisitions.
The company's focus on regulatory adaptability, technological advancements, and revenue synergies positions it for sustained growth in environmental services.
Challenges in managing SG&A costs and maintaining emergency response margins require strategic cost management and operational efficiency.
Opportunities lie in expanding market presence, leveraging expertise, and innovating in software for environmental data measurement and analysis.

Montrose Environmental Group reports strong Q3 performance and bullish outlook

MEG's Q3 2023 earnings call highlighted robust financial performance, strategic growth initiatives, and a positive outlook for the company's future trajectory.
Strong revenue growth, improved adjusted EBITDA margins, and a focus on regulatory opportunities position MEG well in the environmental services sector.
Challenges lie in managing margin expectations, integration complexities, and navigating regulatory impacts, while opportunities exist in expanding market presence and driving innovation.
Overall, MEG's performance underscores its resilience, financial stability, and potential for sustained growth in a competitive and evolving industry landscape.

Montrose Environmental Group reports record 2023 performance and projects strong 2024 growth

MEG's strong 2023 performance was driven by record revenue, adjusted EBITDA growth, and regulatory tailwinds, with a positive outlook for 2024.
Despite challenges in certain segments and tough comparables in Q1, MEG's focus on advisory services, acquisitions, and cash flow conversion positions it well for growth.
Opportunities lie in continued expansion of advisory services, regulatory trends, acquisitions, and maintaining strong cash flow conversion rates.
Overall, MEG's strategic focus on growth, innovation, and financial performance sets a promising trajectory for the upcoming year.

Montrose Environmental Group reports robust Q1 performance and growth outlook

Montrose Environmental Group (MEG) showcased strong financial performance and strategic positioning in Q1 2024.
While facing industry challenges and uncertainties, the company's focus on growth opportunities and operational efficiency bodes well for the future.
With a solid foundation, diverse service offerings, and a positive outlook, Montrose is poised for continued success and expansion in 2024.
The company's adaptability, focus on high-margin services, and anticipation of revenue growth highlight a promising trajectory for investors.

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LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that President and Chief Executive Officer, Vijay Manthripragada and Chief Financial Officer, Allan Dicks, will attend the following investor conferences: William Blair 44th Annual Growth Stock Conference, June 4, 2024; and Stifel 2024 Cross Sector Insight Conference, June 5, 2024. About Montrose Montrose is a leading environmental solutions company focused on.

Montrose Environmental Group to Attend Upcoming Investor Conferences

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG) today shared highlights from its presentation with 3M Company at the Bank of America 31st Annual Transportation, Airlines and Industrials Conference in New York. Montrose President and Chief Executive Officer, Vijay Manthripragada, and Montrose Chief Innovation Officer, Steve Woodard, Ph.D., joined 3M's Chief Technology Officer John Banovetz, Ph.D., for a panel titled, “PFAS Panel: Advancing Technolo.

Montrose Environmental Group Leadership, 3M Chief Technology Officer Discuss Successful Advancements for Removal of “Forever Chemicals” from Water

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LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference in New York, NY on Wednesday, May 15, 2024 at 11:50 a.m. Eastern Time. Montrose President and Chief Executive Officer, Vijay Manthripragada, and Montrose Chief Innovation Officer, Steve Woodard Ph.D., will be joined by 3M's Chief Tech.

Montrose Environmental Group to Present With 3M at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference

Montrose Environmental Group, Inc. (NYSE:MEG ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Rodny Nacier - Investor Relations Vijay Manthripragada - Chief Executive Officer Allan Dicks - Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Jim Ricchiuti - Needham & Co. Brian Butler - Stifel Nicolaus Stephanie Yee - J.P. Morgan Operator Good morning, ladies and gentlemen, and welcome to the Montrose Environmental Group, Inc. First Quarter 2024 Earnings Call.

Montrose Environmental Group, Inc. (MEG) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Montrose Environmental (MEG) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Montrose Environmental (MEG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Montrose Environmental (MEG) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.63 per share a year ago.

Montrose Environmental (MEG) Q1 Earnings and Revenues Top Estimates

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024. Montrose Chief Executive Officer and Director, Vijay Manthripragada, commented, “The momentum in our business continues as we start 2024 with solid first quarter results. Our organic growth and outlook remain very strong, and our cadence of strategic acquisitions has increased. We saw strength across our busin.

Montrose Environmental Group Announces First Quarter 2024 Results

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Montrose Environmental (MEG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Montrose Environmental (MEG) Earnings Expected to Grow: Should You Buy?

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its first quarter 2024 earnings release on Tuesday, May 7, 2024, after the close of trading on the New York Stock Exchange. You are invited to participate in the Company's conference call hosted by CEO Vijay Manthripragada and CFO Allan Dicks on May 8, 2024 at 8:30 AM EDT to discuss the Company's first quarter financial results. Their prepare.

Montrose Environmental Group Announces Timing of First Quarter 2024 Results

Montrose Environmental (MEG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Strength Seen in Montrose Environmental (MEG): Can Its 12.8% Jump Turn into More Strength?

Montrose Environmental, which has used M&A to build its business, is selling shares into the market to raise cash. Secondary offerings tend to have a short-term negative impact on share price, as it did in this case.

Why Montrose Environmental Stock Eroded This Week

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today the pricing of the previously announced underwritten public offering by the Company of 3,000,000 shares of its common stock at a price of $37.15 per share (before underwriting discounts and commissions). The Company has also granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock. All of the securities to be sold in the.

Montrose Environmental Group Announces Pricing of Public Offering of Shares

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today that it intends to offer for sale 3,000,000 shares of its common stock in an underwritten public offering. All of the securities to be sold in the offering are being offered by the Company. In addition, the Company will grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock. The Company intends to use the net proceeds fro.

Montrose Environmental Group Announces Public Offering of Shares

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The busy environmental services specialist announced the acquisition of a peer and raised its guidance. It is now the owner of the once privately held Engineering & Technical Associates.

Why Montrose Environmental Group Stock Surged 13% Higher This Week

Montrose Environmental (MEG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Montrose Environmental (MEG) Gain on Rising Earnings Estimates?

Does Montrose Environmental (MEG) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Montrose Environmental (MEG) is a Great Choice

LITTLE ROCK, Ark. & WALBRIDGE, Ohio--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG), a premier environmental solutions company, today announced the acquisition of Engineering & Technical Associates, Inc. (“ETA”), a leader in Process Safety Management (PSM). ETA will join Montrose's Assessment, Permitting & Response segment. “We have partnered with ETA on client projects for many years and are excited to formally bring them into the Montrose family. We belie.

Montrose Environmental Group Acquires ETA and Announces Increase to 2024 Revenue and Consolidated Adjusted EBITDA Outlook

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Evercore 16th Annual Industrial Conference in New York, NY on Tuesday, March 5, 2024 at 4:30 p.m. Eastern Time. Prior to Montrose's attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website. A live audio webcast will be available at the time of t.

Montrose Environmental Group to Present at the Evercore 16th Annual Industrial Conference

Montrose Environmental Group, Inc. (NYSE:MEG) Q4 2023 Earnings Conference Call February 29, 2024 8:30 AM ET

Montrose Environmental Group, Inc. (MEG) Q4 2023 Earnings Call Transcript

Montrose beat expectations for the quarter, and posted solid growth numbers. The company is forecasting more top-line growth in 2024, driven by new business and acquisitions.

Why Montrose Environmental Group Stock Is Up Big Today

Although the revenue and EPS for Montrose Environmental (MEG) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Montrose Environmental (MEG) Q4 Earnings: A Look at Key Metrics

Montrose Environmental (MEG) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.50 per share a year ago.

News for Montrose Environmental Group, Inc. Stock (MEG)