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MTRX Matrix Service Co News Story

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Matrix Service Co reports results for the quarter ended March 31 - Earnings Summary

Matrix Service Co MTRX.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -53 cents.  The mean expectation of two analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -4 cents per share.

Revenue rose 20.6% to $200.16 million from a year ago; analysts expected $215.06 million.

Matrix Service Co's reported EPS for the quarter was a loss of 12 cents​.

The company reported a quarterly loss of $3.43 million.

Matrix Service Co shares had fallen by 2.8% this quarter and gained 0.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 163.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy"

Wall Street's median 12-month price target for Matrix Service Co is $18.00

This summary was machine generated from LSEG data May 8 at 12:30 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.05-0.12Missed
Dec. 31 2024-0.22-0.20Beat
Sep. 30 2024-0.32-0.33Missed
Jun. 30 2024-0.21-0.14Beat

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