Benzinga | Nov 4, 2020 04:37PM EST

Matrix Service Q1 EPS $0.12 Beats $0.03 Estimate, Sales $182.77M Miss $231.92M Estimate

Matrix Service (NASDAQ:MTRX) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.03 by 300 percent. This is a 45.45 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $182.77 million which missed the analyst consensus estimate of $231.92 million by 21.19 percent. This is a 45.94 percent decrease over sales of $338.10 million the same period last year.