Montrose Environmental Gr Expects FY24 Revenue of $675M-$725M Vs $666.87M Est
Portfolio Pulse from Benzinga Newsdesk
Montrose Environmental Group has provided its full year 2024 revenue outlook, expecting it to be in the range of $675M-$725M, compared to the $666.87M estimate. The company also anticipates its consolidated Adjusted EBITDA to be between $90M-$95M.
February 29, 2024 | 12:36 pm
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Montrose Environmental Group expects FY24 revenue to surpass previous estimates, aiming for $675M-$725M with Adjusted EBITDA between $90M-$95M.
The company's forecast of higher-than-expected revenue for FY24 suggests a positive outlook, likely leading to an optimistic investor sentiment and potential stock price increase in the short term.
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