Benzinga | Feb 8, 2021 04:17PM EST

Matrix Service Q2 Adj. EPS $(0.03) Misses $(0.02) Estimate, Sales $167.50M Miss $201.74M Estimate

Matrix Service (NASDAQ:MTRX) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $(0.02) by 50 percent. This is a 115.79 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $167.50 million which missed the analyst consensus estimate of $201.74 million by 16.97 percent. This is a 47.44 percent decrease over sales of $318.68 million the same period last year.