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0 0 0.000304414003044079 0.000304414003044079 0.00152207001522061 -0.0060121765601217 -0.00852359208523596 -0.0182648401826484
Stock impact report

Countdown to Montrose Environmental (MEG) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS [Yahoo! Finance]

Montrose Environmental Group, Inc. (MEG) 
Company Research Source: Yahoo! Finance
to a year-over-year increase of 120%. It is anticipated that revenues will amount to $157.31 million, exhibiting an increase of 12.8% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 33.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a Show less Read more
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