Matrix Service (MTRX) to Release Quarterly Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) will issue its quarterly earnings data 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.Investors that wish to listen to 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) earnings per share for the quarter, topping analysts’ consensus estimates 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 company 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 Trading Down 0.9 %

Shares of NASDAQ MTRX opened at $11.14 on Tuesday. Matrix Service has a one year low of $8.61 and a one year high of $13.90. The firm’s 50 day simple moving average is $10.94 and its two-hundred day simple moving average is $10.61.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MTRX. DA Davidson reiterated 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 Matrix Service from a “hold” rating to a “buy” rating in a report on Friday, October 18th.

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.