2 Industrials Stocks to Stash and 1 to SellWhether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles,
and the industry’s six-month return of 13% has fallen short of the S&P 500’s 16.8% rise.
Environmental and Facilities Services Stocks Q3 In Review: BrightView (NYSE:BV) Vs PeersThe end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how environmental and facilities services stocks fared in Q3, starting with BrightView (
NYSEBV).
Two Reasons to Like MEG and One to Stay SkepticalMontrose has gotten torched over the last six months - since July 2024, its stock price has dropped 54.4% to $18.29 per share. This may have investors wondering how to approach the situation.
Montrose (NYSE:MEG) Reports Sales Below Analyst Estimates In Q3 EarningsEnvironmental services provider Montrose (
NYSEMEG) fell short of the market’s revenue expectations in Q3 CY2024, but sales rose 6.4% year on year to $178.7 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $715 million at the midpoint. Its non-GAAP profit of $0.41 per share was 26.8% above analysts’ consensus estimates.
What To Expect From Montrose’s (MEG) Q3 EarningsEnvironmental services provider Montrose (
NYSEMEG)
will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
Montrose Environmental Group Announces Timing of Third Quarter 2024 Results and Conference Call
Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (
NYSEMEG) announced today the planned dates for its third quarter 2024 results and conference call.
Montrose Environmental Group to Attend the Jefferies Industrials Conference
Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (
NYSEMEG) today announced that the Company will attend the Jefferies Industrials Conference in New York, NY on Wednesday, September 4, 2024. Prior to Montrose’s attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website.
Montrose Environmental Group Reports Record Second Quarter and First Half 2024 Results, Reaffirms Guidance, and Advances Strategic Capital Allocation Priorities
Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (
NYSEMEG) today announced results for the second quarter and first half periods ended June 30, 2024.
Montrose Environmental Group Announces Timing of Second Quarter 2024 Results
Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (
NYSEMEG) announced today that it will issue its second quarter 2024 earnings release on Tuesday, August 6, 2024, after the close of trading on the New York Stock Exchange.
Montrose Environmental Group Reaffirms Positive Outlook Following U.S. Regulatory Catalysts
Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (
NYSEMEG) today announced that the Company will participate in a fireside chat with William Blair to share initial perspectives on putative demand drivers and end market catalysts following recent rulings by the U.S. Supreme Court impacting federal agencies, including the U.S. EPA. The fireside chat will occur on Wednesday, July 17, 2024, at 5:30 p.m. Eastern Time.
Montrose Environmental Group Acquires Spirit Environmental, Expanding Air Consulting Capabilities Across the Central United States
Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (
NYSEMEG), a high-growth global environmental solutions company, today announced the acquisition of Spirit Environmental, LLC., a leading provider of air permitting and compliance services. Spirit’s senior leadership team, including Founder and CEO Brad Herrin, will join Montrose’s Consulting and Engineering division within the Company’s Assessment, Permitting and Response segment. Terms of the transaction were not disclosed.
Montrose Environmental Group Acquires Canadian Environmental Consultancy Specializing in Soils, Vegetation and Wetlands Development and Reclamation in Western Canada
Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (
NYSEMEG), a high-growth global environmental solutions company, today announced the acquisition of Paragon Soil & Environmental Consulting, Inc., a leading environmental consulting firm in Canada. Paragon’s senior leadership team, including President Lee Waterman, will join Montrose’s Consulting and Engineering services within the Company’s Remediation and Reuse segment. Terms of the transaction were not disclosed.
Montrose Environmental Group to Attend Upcoming Investor Conferences
Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (
NYSEMEG) today announced that President and Chief Executive Officer, Vijay Manthripragada and Chief Financial Officer, Allan Dicks, will attend the following investor conferences:
Montrose Environmental Group Leadership, 3M Chief Technology Officer Discuss Successful Advancements for Removal of “Forever Chemicals” from Water
Montrose Environmental Group, Inc. (“Montrose”) (
NYSEMEG) today shared highlights from its presentation with 3M Company at the Bank of America 31st Annual Transportation, Airlines and Industrials Conference in New York. Montrose President and Chief Executive Officer, Vijay Manthripragada, and Montrose Chief Innovation Officer, Steve Woodard, Ph.D., joined 3M’s Chief Technology Officer John Banovetz, Ph.D., for a panel titled, “PFAS Panel: Advancing Technology for a Cleaner Tomorrow.”
Montrose Environmental Group to Present With 3M at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference
Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (
NYSEMEG) today announced that the Company will present at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference in New York, NY on Wednesday, May 15, 2024 at 11:50 a.m. Eastern Time.
