Matrix Service Co reports results for the quarter ended December 31 - Earnings Summary

Matrix Service Co

05/02/2025 22:02

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted
loss
of 20 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of -18 cents.  The mean expectation of two analysts for the
quarter was for a loss of 22 cents per share. Wall Street
expected results to range from -28 cents to -17 cents per share.
    * Revenue rose 6.9% to $187.17 million from a year ago;
analysts
expected $185.15 million. 
    * Matrix Service Co's reported EPS for the quarter was a
loss
of 20 cents​.
    * The company reported a quarterly loss of $5.53 million.
    * Matrix Service Co shares had risen by 18.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 67.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for Matrix Service Co
is $17.00 
This summary was machine generated from LSEG data February 5 at
10:02 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.22          -0.20          Beat
 Sep. 30 2024      -0.32          -0.33          Missed
 Jun. 30 2024      -0.21          -0.14          Beat
 Mar. 31 2024      -0.13          -0.53          Missed