Consensus $695.74M. The company said, “Montrose Environmental also today announced an increase to its 2024 Revenue and Consolidated Adjusted EBITDA1 outlook. Given the Company’s continued strong organic performance, an improved 2024 outlook, and the impact of recently closed acquisitions, the Company is raising its full year 2024 Revenue and Consolidated Adjusted EBITDA1 guidance. 2024 Revenue is now expected to be in the range of $690 million to $740 million, up from the previous range of $675 million to $725 million. 2024 Consolidated Adjusted EBITDA1 is expected to be in the range of $95 million to $100 million, up from the previous range of $90 million to $95 million. Our Revenue and Consolidated Adjusted EBITDA1 outlook does not include any benefit from future acquisitions.”
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Read More on MEG:
- Montrose Environmental Forecasts Revised 2024 Results and Acquisition Completion
- Montrose Environmental price target raised to $48 from $36 at Stifel
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