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

Matrix Service Co

09/11/2021 02:36

* Matrix Service Co  MTRX.OQ  reported a quarterly adjusted loss
of 66 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was for a loss
of 22 cents per share.
* Revenue fell 8% to $168.09 million from a year ago;  analysts
expected $172.23 million. 
* The mean earnings estimate of analysts had fallen by
about 2,300% 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 2.2% this quarter and
lost 3.0% so far this year.
* Wall Street's median 12-month price target for Matrix Service
Co is $15.00 
* 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 November 9 at 02:34 a.m.
 ​All figures in US dollars unless otherwise stated