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Matrix Service (MTRX) to Release Quarterly Earnings on Wednesday

Matrix Service logo with Oils/Energy background

Matrix Service (NASDAQ:MTRX - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Matrix Service to post earnings of ($0.32) per share for the quarter. Matrix Service has set its FY 2025 guidance at EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

Matrix Service (NASDAQ:MTRX - Get Free Report) last issued its quarterly earnings results on Monday, September 9th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.07. Matrix Service had a negative return on equity of 16.87% and a negative net margin of 3.43%. The firm had revenue of $189.50 million during the quarter, compared to the consensus estimate of $215.61 million. 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 Price Performance

Shares of MTRX stock traded up $0.14 during mid-day trading on Wednesday, hitting $11.35. The stock had a trading volume of 70,289 shares, compared to its average volume of 221,168. The firm has a market cap of $312.69 million, a PE ratio of -12.32 and a beta of 1.26. The company's 50-day simple moving average is $10.82 and its 200-day simple moving average is $10.63. Matrix Service has a fifty-two week low of $8.61 and a fifty-two week high of $13.90.

Analyst Upgrades and Downgrades

Several research firms have issued reports on MTRX. StockNews.com upgraded Matrix Service from a "hold" rating to a "buy" rating in a research report on Friday, October 18th. DA Davidson reissued a "buy" rating and issued a $18.00 target price on shares of Matrix Service in a report on Thursday, September 26th.

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Matrix Service Company Profile

(Get Free Report)

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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Earnings History for Matrix Service (NASDAQ:MTRX)

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