Brief: Matrix Service Company Reports Q4 Earnings Per Share $0.47

Matrix Service Co

28/08/2019 21:21

Aug 28 (Reuters) - Matrix Service Co  MTRX.O :
    * MPANY ANNOUNCES FISCAL 2019 FOURTH QUARTER AND FULL YEAR
RESULTS; PROVIDES FISCAL 2020 GUIDANCE
    * SEES FY 2020 EARNINGS PER SHARE $1.10 TO $1.40
    * SEES FY 2020 REVENUE $1.4 BILLION TO $1.55 BILLION
    * Q4 REVENUE $398.7 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$376.6 MILLION
    * Q4 EARNINGS PER SHARE $0.47
    * Q4 EARNINGS PER SHARE ESTIMATE $0.42 -- REFINITIV IBES
DATA
    * BACKLOG WAS $1.098 BILLION AS OF JUNE 30, 2019
    * AT JUNE 30, 2019, COMPANY HAD A CASH BALANCE OF $89.7
MILLION,
BORROWINGS OF $5.3 MILLION AND LIQUIDITY OF $241.9 MILLION
    * FY2020 EARNINGS PER SHARE VIEW $1.37, REVENUE VIEW $1.47
BILLION
-- REFINITIV IBES DATA
    * EXPECT A SLOWER Q1 2020 WITH REVENUE AND EARNINGS
IMPROVEMENT AS
YEAR PROGRESSES

Source text for Eikon:  ID:nGNX4pS5nt 
Further company coverage:  MTRX.O 

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