Montrose Environmental Group Stock News

Billionaire hedge fund manager Bill Ackman has warned that World War III has “likely started already” amid Russia’s invasion of Ukraine.

Needham analyst James Ricchiuti lowered the price target on Montrose Environmental Group Inc (NYSE: MEG ) to $60 (an upside of 48.7%) from $84 and maintained a Buy rating on the shares after the company reported quarterly results. Ricchiuti noted while the CTEH business is expected to return to a more normalized $100 million level in 2022 from about $231 million in 2021, management''s 2022 revenue guidance was stronger than anticipated. With stronger growth from the base business, favorable government regulatory and other tailwinds, and contributions from M&A, he believes Montrose … Full story available on Benzinga.com

MEG earnings call for the period ending December 31, 2021.

Veritiv VRTV +18%, NV5 Global NVEE +15%, Sidus Space (SIDU) -16%, Montrose Environmental Group (MEG) -12%

Montrose Environmental Group, Inc. (MEG) CEO Vijay Manthripragada on Q4 2021 Results - Earnings Call Transcript

Montrose Environmental press release (NYSE:MEG): Q4 GAAP EPS of -$0.19 misses by $0.18.Revenue of $143.79M (+32.2% Y/Y) beats by $21.81M.

PALM BEACH, Fla. , Feb. 23, 2022 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - The activated carbon for mercury control market in flue gas is increasing owing to the following factors: Stringent government norms and regulations related to mercuric emission in North America ; Cost and adaptability; and an increase in number of coal-fired power plants. The market has grown significantly during the last few years. It is expected to grow rapidly in the next five years, mainly driven by government regulations in North America and Europe. North America is the largest consumer across the world and is projected to remain so. The U.S., Canada , and Mexico are the key markets in North America . The demand of the same is fueled by the norms and regulations of government related to mercury emission control. The Activated Carbon for Mercury Control market is segmented on the basis of applications, such as coal burning (all uses including power plants), oil & natural gas burning, primary production of ferrous metals, primary production of non-ferrous metals, gold mining & production (small scale & large scale), cement production, oil refining, and others.

Montrose Environmental Group Inc (NYSE: MEG ) has acquired environmental consulting firm Environmental Standards, Inc. for undisclosed financial terms. The transaction expands Montrose''s integration of chemistry services nationwide. Environmental Standards Full story available on Benzinga.com

Montrose Environmental Group Inc (NYSE: MEG) has acquired environmental consulting firm Environmental Standards, Inc. for undisclosed financial terms. The transaction expands Montrose's integration

Montrose Environmental Group (MEG) acquired Environmental Standards. Terms of the transaction were not disclosed.Environmental Standards leadership team, including founder and CEO

Montrose Environmental Group (MEG) is benefiting from robust organic growth across service lines.

Montrose Environmental Group CEO Vijay Manthripragada says he’s thrilled to call Arkansas his company’s new corporate home.