Montauk Renewables (NASDAQ:MNTK) reported its Q4 earnings results on Thursday, March 14, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Montauk Renewables missed estimated earnings by -43.0%, reporting an EPS of $0.04 versus an estimate of $0.07.
Revenue was down $2.84 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 37.0% drop in the share price the next day.
Here's a look at Montauk Renewables's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.04 | -0.01 | 0.09 |
| EPS Actual | 0.09 | 0.01 | -0.03 | 0.05 |
| Revenue Estimate | 57.93M | 45.28M | 39.90M | 57.32M |
| Revenue Actual | 55.69M | 53.26M | 19.15M | 49.64M |
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.