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

Matrix Service Co

07/10/2022 14:32

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted
loss
of 52 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 30
cents per share.
    * Revenue rose 14.8% to $200.72 million from a year ago;
analysts
expected $181.84 million. 
    * Matrix Service Co's reported EPS for the quarter was 50
cents​.
    * 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 5.1% this
quarter and
lost 42.2% so far this year.
    * The company reported quarterly net income of $13.46
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 October 7
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.30          -0.52          Missed
 Mar. 31 2022      -0.19          -0.50          Missed
 Dec. 31 2021      -0.26          -0.38          Missed
 Sep. 30 2021      -0.22          -0.60          Missed