Montauk Renewables: Q1 Earnings Insights

Montauk Renewables MNTK reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Montauk Renewables missed estimated earnings by 200.0%, reporting an EPS of $-0.03 versus an estimate of $-0.01.

Revenue was down $13.02 million from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 14.3% drop in the share price the next day.

Here's a look at Montauk Renewables's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.09	0.13	0.13	0.09
EPS Actual	0.05	0.08	0.13	-0.01
Revenue Estimate	57.32M	59.80M	50.70M	39.70M
Revenue Actual	49.64M	55.86M	67.88M	32.17M

To track all earnings releases for Montauk Renewables visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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