A loss of 2 cents per share anticipated for second quarter
10/09/2021 21:04
10 September 202108:04 p.m. All figures in US dollars.
Matrix Service Co is expected to show a decrease in
its second quarter earnings to -2 cents per share according to
the mean Refinitiv estimate from two analysts. Wall Street
expects results to range from a loss of -5 cents to zero
earnings per share.
RECOMMENDATIONS
* The consensus recommendation for the company is "Strong Buy".
This includes one "Strong Buy", one "Buy".
* The average consensus recommendation for the construction &
engineering peer group is "Buy".
FORECAST CHANGES
* Two analysts are currently providing Refinitiv with
estimates.
* In the last week there have been no earnings estimate
revisions by analysts covering the company. There were no
changes to the number of estimates.
* In the last four weeks the earnings per share estimate is
unchanged from -2 cents. Estimates ranged from a high of 0
cents to a low of -5 cents. There has been no changes to the
number of estimates.
* The StarMine predicted earnings surprise is negative
for Matrix Service at 25 percent. Predicted revenue surprise is
too low to be significant.
* The average price target from the two analysts providing
estimates is $16.5.
YEAR OVER YEAR
* The company is expected to report a fall in revenue to $177.17
million from $195.84 million in the same quarter last year.
* The current quarter consensus estimate of -2 cents per
share implies a loss of 150.00 percent from the same quarter
last year when the company reported -1 cents per share.
* Previous quarterly performance (using preferred earnings
measure)
QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2021 0.26 0.29 Beat
Mar. 31 2021 0.27 0.29 Beat
Dec. 31 2020 0.31 0.35 Beat
Sep. 30 2020 0.32 0.41 Beat
This summary was machine generated from Refinitiv data September
10 at 08:04 p.m