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

Matrix Service Co

07/02/2022 22:00

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted
loss
of 93 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was for a loss
of 26 cents per share.
    * Revenue fell 3.3% to $161.97 million from a year ago; 
analysts
expected $174.59 million. 
    * The mean earnings estimate of analysts had fallen by
about 147.6% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Matrix Service Co shares had fallen by 14.0% this quarter.
    * Wall Street's median 12-month price target for Matrix
Service Co
is $16.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated February 7 at 10:00 p.m.
 ​All figures in US dollars unless otherwise stated