NYSE$ONT
Montrose Environmental Group Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Montrose reported a revenue increase of 32.2% and a net loss of $1.5 million compared to a net income of $0.8 million in the prior year quarter.
Montrose Environmental Group announced record full year revenue, organic growth, earnings, and cash flow. Fourth quarter revenue increased by 32.2% to $143.8 million, driven by organic growth in Measurement and Analysis and Remediation and Reuse segments, offset by lower CTEH revenues. Net loss for the quarter was $1.5 million, compared to a net income of $0.8 million in the prior year quarter.
- Fourth quarter revenue increased 32.2% compared to the prior year quarter.
- Organic growth for core environmental services accelerated.
- Six acquisitions in 2021 added talent and service capabilities.
- The company is well positioned to continue performing well and creating shareholder value.
Headline financials
Revenue & EPS history
Montrose · Revenue · Quarterly
$144M
Revenue by segment
Montrose · $111M total across 2 segments · Q3 2023
- Remediation and Reuse$60.5M—54.5%
- Measurement and Analysis$50.5M—45.5%
Forward guidance
The Company is introducing its full year 2022 outlook for revenue to be in the range of $520.0 million to $570.0 million and Adjusted EBITDA to be in the range of $73.0 million to $78.0 million.
Tailwinds
- Continued organic growth outperformance relative to the Company’s historical average of 7.0% - 9.0% (excluding CTEH).
- Revenue from CTEH to exceed $100.0 million due to some continuation of COVID-19 related services, which is higher than CTEH’s $75.0 - $95.0 million revenue run-rate but lower than CTEH’s 2021 performance.
- Strong demand for solutions.
- Tailwinds in the industry.
- Strong acquisition pipeline.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+2.5%
Avg return
Earnings day
+3.8%
Avg return
5 days after
+0.3%
Avg return
30 days after
48%
13 / 27 earnings
Positive
+32.6%
Q4 2024
Best reaction
-14.0%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +22.6% | +21.4% | -9.7% | |
| Q3 2025 | +5.1% | +0.3% | +6.8% | |
| Q2 2025 | +8.1% | +20.7% | +34.5% | |
| Q1 2025 | +17.3% | +23.6% | +42.3% | |
| Q4 2024 | +32.6% | +6.9% | -17.4% | |
| Q3 2024 | -11.3% | -18.5% | -36.5% | |
| Q1 2024 | -8.2% | -6.9% | -5.0% | |
| Q4 2023 | +15.2% | +9.4% | +18.7% | |
| Q3 2023 | +4.8% | +4.6% | +28.3% | |
| Q2 2023 | +10.4% | +3.9% | -6.0% | |
| Q1 2023 | +15.4% | +16.4% | +41.7% | |
| Q4 2022 | -14.0% | -26.4% | -31.1% | |
| Q3 2022 | -6.1% | +18.7% | +7.8% | |
| Q2 2022 | +0.4% | +9.7% | +0.7% | |
| Q1 2022 | -8.7% | -9.5% | -13.0% | |
| Q4 2021 | -9.4% | +3.2% | +19.0% | |
| Q3 2021 | +2.0% | +1.6% | -5.9% | |
| Q2 2021 | +4.8% | -3.8% | +13.2% | |
| Q1 2021 | -9.2% | -6.6% | -9.3% | |
| Q4 2020 | +6.1% | +8.7% | +30.5% | |
| Q3 2020 | -0.5% | +11.6% | -7.1% | |
| Q3 2019 | -0.5% | +11.6% | -7.1% | |
| Q1 2020 | -2.1% | +0.5% | -17.3% | |
| Q2 2020 | -2.1% | +0.5% | -17.3% | |
| Q1 2019 | -2.1% | +0.5% | -17.3% | |
| Q2 2019 | -2.1% | +0.5% | -17.3% | |
| Q4 2019 | -2.1% | +0.5% | -17.3% | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q2 2013 | — | — | — |
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