Montrose Environmental Group NYSE: ONT, now operating under the Onterris brand, reported lower first-quarter revenue as severe winter weather and reduced environmental emergency response activity weighed on results, but management reiterated its full-year outlook and pointed to stronger profitability and project momentum through the remainder of 2026.
Montrose Environmental (MEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Montrose Environmental (MEG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
| Commercial Services & Supplies Industry | Industrials Sector | Vijay Manthripragada CEO | WSE Exchange | PLMGRON00016 ISIN |
| US Country | 3,400 Employees | - Last Dividend | - Last Split | 7 Nov 1994 IPO Date |
Montrose Environmental Group, Inc., based in North Little Rock, Arkansas, is a premier environmental services company with a comprehensive reach across the United States, Canada, and internationally. Founded in 2012, Montrose Environmental Group operates across three primary segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. This broad scope allows Montrose to offer an extensive range of environmental services, including scientific advisory and consulting, environmental assessments, toxicology consulting, environmental audits and permits, and emergency response services. Montrose Environmental Group caters to a diverse clientele, encompassing sectors such as financial, oil and gas, utilities, construction, automotive, real-estate, midstream energy, manufacturing, commodities, petrochemical, food and beverage, telecommunications, engineering industries, and various government entities.
This segment offers services critical for environmental assessments, including environmental audits, permits for new and existing projects, and toxicology consulting. Montrose also provides emergency response services for environmental incidents and regulatory compliance support, helping businesses navigate complex environmental regulations effectively.
Montrose specializes in testing and analyzing air, water, and soil samples to identify contaminant concentrations and their toxicological impacts on health and the environment. Services under this segment encompass source and ambient air testing, leak detection, and a wide range of analytical laboratory services, including analysis of storm water, wastewater, and drinking water. These services play a vital role in ensuring environmental safety and regulatory compliance for their clients.
This segment focuses on the engineering, design, implementation, and operations and maintenance services aimed at treating contaminated water and soil or converting waste into biogas. Montrose employs innovative technologies and solutions to address environmental contamination, aiding in the cleanup and reuse of polluted sites, thereby contributing to environmental sustainability and restoration.