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

Matrix Service Co

11/05/2021 05:02

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted loss
of 43 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
2 cents per share.
* Revenue fell 40.3% to $148.26 million from a year ago​; 
analysts expected $188.09 million.
* Matrix Service Co's reported EPS for the quarter was a loss
of 49 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 5.7% this quarter and
gained 25.8% so far this year.
* The company reported a quarterly loss of $12.87 million.
* Wall Street's median 12-month price target for Matrix Service
Co is $16.50 
* 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 May 11 at 04:02 a.m. GMT.
​All figures in $