Montauk Renewables Raises FY23 RNG Revenue Outlook From $137M-$145M To $160M-$175M; Continues To See Renewable Electricity Revenues Of $18M-$19M
Portfolio Pulse from Benzinga Newsdesk
Montauk Renewables has increased its FY23 RNG revenue outlook from $137M-$145M to $160M-$175M. The company continues to expect renewable electricity revenues of $18M-$19M.
August 09, 2023 | 10:04 pm
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Montauk Renewables has raised its FY23 RNG revenue outlook, which could indicate a positive future performance.
Montauk Renewables has raised its FY23 RNG revenue outlook, which is a positive sign for the company's future performance. This could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100