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

• Matrix Service Co MTRX.OQ reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of two analysts for the quarter was for a loss of 22 cents per share. Wall Street expected results to range from -28 cents to -17 cents per share.

• Revenue rose 6.9% to $187.17 million from a year ago; analysts expected $185.15 million.

• Matrix Service Co's reported EPS for the quarter was a loss of 20 cents​.

• The company reported a quarterly loss of $5.53 million.

• Matrix Service Co shares had risen by 18.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 67.5% 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 $17.00

This summary was machine generated from LSEG data February 5 at 10:02 p.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)