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Montrose Environmental: Q1 Earnings Snapshot

May 9, 2022 GMT

NORTH LITTLE ROCK, Ark. (AP) _ Montrose Environmental Group, Inc. (MEG) on Monday reported a loss of $7.5 million in its first quarter.

On a per-share basis, the North Little Rock, Arkansas-based company said it had a loss of 39 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The company posted revenue of $134.7 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $133.5 million.

Montrose Environmental expects full-year revenue in the range of $520 million to $570 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEG at https://www.zacks.com/ap/MEG