Matrix Service Co expected to post a loss of 32 cents a share - Earnings Preview

Matrix Service Co

05/11/2024 24:04

* Matrix Service Co  MTRX.OQ   MTRX.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 6 for
the period ending September 30 2024
    * The Tulsa Oklahoma-based  company is expected to report a
14.2% decrease in revenue to $169.498 million from $197.66
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Matrix Service Co is for
a
loss of 32 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Matrix
Service Co
is $17.00​, above​ its last closing price of $11.24. ​​​

This summary was machine generated November 5 at 00:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)