Losses of 40  cents announced for fourth quarter

Matrix Service Co

13/09/2021 22:47

13 September 202109:47 p.m. ​All figures in US dollars.
The loss announced by Matrix Service Co in the fourth quarter
 were lower than the Refinitiv mean estimate  of losses. The
company reported losses of  -40 cents per share, 39 cents lower
than the same quarter last year when the company reported EPS
of -1 cents.  Losses of -2 cents per share were anticipated by
the two analysts providing estimates for the quarter. Wall
Street expected results to range from -5 cents tozero cents per
share,  with a forecasted mean of -2 cents per share.  The
company reported revenue of $174.90 million, which is lower than
the estimated $177.17 million. 
RECOMMENDATIONS 
* The consensus recommendation for the company is "Strong
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 was no change
to the number of estimates. 
 
YEAR OVER YEAR
* The company reported a fall in revenue to $174.9 million from
$195.84 million in the same quarter last year.
​
* Previous quarterly performance (using earnings preferred
measure)
 QUARTER ENDING    ESTIMATE          ACTUAL      BEAT, MET,
                                                 MISSED
 Mar. 31 2021      0.02​             -0.43       Missed
 Dec. 31 2020      -0.02             -0.03       Missed
 Sep. 30 2020      0.03              -0.10       Missed​
 Jun. 30 2020      0.06              -0.01       Missed
 This summary was machine generated from Refinitiv data September
13 at 09:47 p.m