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

Matrix Service Co

11/09/2023 22:02

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 21
cents per share.
    * Revenue rose 2.6% to $205.85 million from a year ago;
analysts
expected $208.23 million. 
    * Matrix Service Co's reported EPS for the quarter was a
loss of 1
cent​.
    * 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 35.8% this
quarter and
gained 28.6% so far this year.
    * The company reported a quarterly loss of $336 thousand.
    * 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 LSEG Refinitiv data
September 11 at 09:02 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.21          -0.11          Beat
 Mar. 31 2023      -0.19          -0.33          Missed
 Dec. 31 2022      -0.10          -0.53          Missed
 Sep. 30 2022      -0.26          -0.24          Beat