NORTH LITTLE ROCK, Ark. (AP) — NORTH LITTLE ROCK, Ark. (AP) — Montrose Environmental Group, Inc. (MEG) on Thursday reported a loss of $1.4 million in its fourth quarter.
The North Little Rock, Arkansas-based company said it had a loss of 18 cents per share. Earnings, adjusted for one-time gains and costs, came to 27 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The company posted revenue of $165.7 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $157.3 million.
For the year, the company reported a loss of $30.9 million, or $1.57 per share. Revenue was reported as $624.2 million.
Montrose Environmental expects full-year revenue in the range of $675 million to $725 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEG at https://www.zacks.com/ap/MEG