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

Matrix Service Co

10/05/2022 20:31

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted
loss
of 50 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 19
cents per share.
    * Revenue rose 19.4% to $177.00 million from a year ago; 
analysts
expected $170.97 million. 
    * Matrix Service Co's reported EPS for the quarter was a
loss of
$1.30​.
    * 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 fallen by 21.0% this
quarter and
lost 13.7% so far this year.
    * The company reported a quarterly loss of $34.9 million.
    * Wall Street's median 12-month price target for Matrix
Service Co
is $14.00 
    * 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 May 10 at 07:30 p.m.  ​All
figures in US dollars unless otherwise stated