Benzinga | Nov 9, 2021 11:16AM EST

Matrix Service: Q1 Earnings Insights

Matrix Service (NASDAQ:MTRX) reported its Q1 earnings results on Monday, November 8, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Matrix Service their estimated earnings by 172.73%, reporting an EPS of $-0.6 versus an estimate of $-0.22, which surprised analysts.

Revenue was up $14,678,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.38, which was followed by a 8.34% drop in the share price the next day.

Here's a look at Matrix Service's past performance:



Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate -0.02 0.01 -0.02 0.03EPS Actual -0.40 -0.43 -0.03 -0.10Revenue Estimate 177.17M 188.09M 201.74M 231.92MRevenue Actual 174.90M 148.26M 167.47M 182.77M

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