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

Matrix Service Co

09/02/2023 14:33

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted
loss
of 53 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue rose 19.7% to $193.84 million from a year ago;
analysts
expected $202.85 million. 
    * Matrix Service Co's reported EPS for the quarter was a
loss of
$1.22​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 47.9% this quarter.
    * The company reported a quarterly loss of $32.83 million.
    * Wall Street's median 12-month price target for Matrix
Service Co
is $12.50 
    * 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 from Refinitiv data February
9 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.10          -0.53          Missed
 Sep. 30 2022      -0.26          -0.24          Beat
 Jun. 30 2022      -0.30          -0.52          Missed
 Mar. 31 2022      -0.19          -0.50          Missed