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Investing.com - Montauk Renewables reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Montauk Renewables announced earnings per share of $0.080 on revenue of $55.86M. Analysts polled by Investing.com EPS of $0.130 on revenue of $59.8M.
Montauk Renewables 's are up 86.39% and is trading at $12.885 , still down 37.99% from its 52 week high of $20.78 set on Monday, September 12, 2022.
Montauk Renewables follows other major Utilities sector earnings this month
Montauk Renewables's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday, November 4, 2022 with third quarter EPS of $1.78 on revenue of $7.97B, for EPS of $1.84 on revenue of $7,388M.
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