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Montauk Renewables (MNTK)
NASDAQ:MNTK
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Earnings Data
Report Date
Mar 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.08Last Year’s EPS
$0.04Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -28.13%
|Next Earnings Date:Mar 13, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment. While there were significant increases in revenue, RIN pricing, and operating income, challenges such as weather-related production issues, project delays, and increased administrative costs were highlighted.Company Guidance
During the Montauk Renewables Q3 2024 earnings call, the company provided key guidance metrics for the full year. They projected RNG production volumes to be between 5.5 million and 5.7 million MMBtus, with corresponding revenues expected to range from $175 million to $185 million. Additionally, renewable electricity production volumes are anticipated to range from 180,000 to 185,000 megawatt hours, generating revenues between $17 million and $18 million. The company also highlighted ongoing challenges, including weather-related impacts on facilities and delays in wellfield projects, which are expected to influence their operational performance and future strategy considerations for 2025.Revenue Increase
Total revenues in the third quarter of 2024 were $65.9 million, an increase of $10.2 million or 18.4% compared to the third quarter of 2023.
RIN Pricing and Sales Growth
Realized RIN pricing increased approximately 9.5% during the third quarter of 2024 compared to the third quarter of 2023. Additionally, self-marketed RINs increased by 14.5%.
Operating Income Growth
Operating income for the third quarter of 2024 was $22.7 million, an increase of $5.9 million or 35.3% compared to the third quarter of 2023.
Cash Flow from Operations
Generated $43.1 million of cash from operating activities as of September 30, 2024, an increase of 119.9% compared to September 30, 2023.
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MNTK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MNTK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $5.19 | $4.11 | -20.81% |
| Aug 08, 2024 | $5.35 | $4.28 | -20.00% |
| May 09, 2024 | $4.20 | $4.67 | +11.19% |
| Mar 14, 2024 | $5.09 | $4.29 | -15.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Montauk Renewables (MNTK) report earnings?
Montauk Renewables (MNTK) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is Montauk Renewables (MNTK) earnings time?
Montauk Renewables (MNTK) earnings time is at Mar 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MNTK EPS forecast?
MNTK EPS forecast for the fiscal quarter 2024 (Q4) is $0.08.
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