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

Matrix Service (NASDAQ:MTRX) will 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 listen to the company’s earnings conference call can do so using this link.

Matrix Service (NASDAQ:MTRX) last announced its earnings results on Monday, September 9th. The company reported ($0.14) EPS for the quarter, beating 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 business had revenue of $189.50 million for 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 Stock Down 1.6 %

MTRX stock opened at $11.21 on Wednesday. Matrix Service has a 52-week low of $8.61 and a 52-week high of $13.90. The stock’s 50 day moving average is $10.79 and its two-hundred day moving average is $10.63. The company has a market capitalization of $308.84 million, a PE ratio of -12.32 and a beta of 1.26.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. DA Davidson restated a “buy” rating and set a $18.00 price objective on shares of Matrix Service in a report on Thursday, September 26th. StockNews.com upgraded 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.