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• Montauk Renewables Inc MNTK.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of four analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 4 cents to 10 cents per share.

• Revenue fell 18.6% to $43.34 million from a year ago; analysts expected $46.97 million.

• Montauk Renewables Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $712 thousand.

• Montauk Renewables Inc shares had fallen by 6.1% this quarter and lost 40.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.2% in the last three months.​

• In the last 30 days, one analyst revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for Montauk Renewables Inc is $7.13

This summary was machine generated from LSEG data August 9 at 10:30 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)