Matrix Service (NASDAQ:MTRX - Get Free Report) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of ($0.22) per share and revenue of $185.15 million for the quarter. Matrix Service has set its FY 2025 guidance at EPS.Investors interested in listening to the company's conference call can do so using this link.
Matrix Service (NASDAQ:MTRX - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by ($0.01). The business had revenue of $165.58 million for the quarter, compared to analysts' expectations of $183.90 million. Matrix Service had a negative net margin of 4.46% and a negative return on equity of 19.56%. During the same quarter in the prior year, the company posted ($0.21) earnings per share. On average, analysts expect Matrix Service to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Matrix Service Stock Down 3.3 %
MTRX traded down $0.47 on Friday, hitting $13.56. The company had a trading volume of 121,595 shares, compared to its average volume of 167,104. Matrix Service has a 12-month low of $8.61 and a 12-month high of $15.45. The business's fifty day simple moving average is $13.13 and its 200 day simple moving average is $11.65. The company has a market cap of $373.71 million, a PE ratio of -12.11 and a beta of 1.28.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Matrix Service from a "hold" rating to a "buy" rating in a report on Tuesday, December 10th.
Check Out Our Latest Analysis on MTRX
About Matrix Service
(
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Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.
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