Matrix Service (MTRX) Expected to Announce Quarterly Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) is expected to announce its earnings results 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 participating in the company’s conference call can do so using this link.

Matrix Service (NASDAQ:MTRX) last issued its quarterly earnings data on Wednesday, November 6th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.01). The company had revenue of $165.58 million for the quarter, compared to analysts’ expectations of $183.90 million. Matrix Service had a negative return on equity of 19.56% and a negative net margin of 4.46%. During the same period last year, the company posted ($0.21) EPS. 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 Trading Down 3.1 %

Shares of MTRX opened at $13.85 on Wednesday. The stock has a 50-day moving average price of $13.10 and a 200-day moving average price of $11.58. The company has a market cap of $381.71 million, a PE ratio of -12.37 and a beta of 1.28. Matrix Service has a 12-month low of $8.61 and a 12-month high of $15.45.

Analyst Ratings Changes

Separately, StockNews.com raised Matrix Service from a “hold” rating to a “buy” rating in a report on Tuesday, December 10th.

About Matrix Service

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.