Matrix Service (MTRX) to Release Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) is anticipated 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.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Matrix Service (NASDAQ:MTRX) last posted its quarterly earnings results on Wednesday, November 6th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.01). The firm had revenue of $165.58 million for the quarter, compared to the consensus estimate 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 quarter in the previous 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 Stock Performance

Shares of MTRX opened at $13.85 on Wednesday. The stock has a market capitalization of $381.71 million, a price-to-earnings ratio of -12.37 and a beta of 1.28. The stock’s 50-day simple moving average is $13.10 and its 200 day simple moving average is $11.58. Matrix Service has a 52-week low of $8.61 and a 52-week 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.

Matrix Service Company Profile

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.