Matrix Service (MTRX) Scheduled to Post Quarterly Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) will be announcing its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.32) per share for the quarter. Matrix Service has set its FY 2025 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

Matrix Service (NASDAQ:MTRX) last released its earnings results on Monday, September 9th. The company reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.07. The firm had revenue of $189.50 million for the quarter, compared to analysts’ expectations of $215.61 million. Matrix Service had a negative return on equity of 16.87% and a negative net margin of 3.43%. 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 0.9 %

Shares of Matrix Service stock opened at $11.14 on Tuesday. Matrix Service has a 1 year low of $8.61 and a 1 year high of $13.90. The firm’s 50-day moving average is $10.94 and its 200 day moving average is $10.61.

Analyst Ratings Changes

A number of equities analysts have weighed in on MTRX shares. DA Davidson reissued a “buy” rating and issued a $18.00 target price on shares of Matrix Service in a research report on Thursday, September 26th. StockNews.com upgraded shares of Matrix Service from a “hold” rating to a “buy” rating in a research report on Friday, October 18th.

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.