Earnings Preview: Montauk Renewables
Portfolio Pulse from Benzinga Insights
Montauk Renewables (NASDAQ:MNTK) is set to release its latest quarterly earnings report on Wednesday, 2023-08-09. Analysts estimate an earnings per share (EPS) of $0.04. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $8.39, down 45.44% over the last 52-week period.
August 08, 2023 | 4:01 pm
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Montauk Renewables is expected to report an EPS of $0.04 in its upcoming earnings report. The company's history of missing EPS estimates and subsequent share price drops could potentially impact the stock negatively.
Montauk Renewables has a history of missing EPS estimates, which has led to drops in its share price. Given this trend, and the fact that the stock is already down 45.44% over the last 52-week period, it's likely that the upcoming earnings report could have a negative impact on the stock, especially if the company misses the EPS estimate again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100