Matrix Service Q4 EPS $(0.11) Beats $(0.21) Estimate, Sales $205.90M Miss $208.23M Estimate
Portfolio Pulse from Bill Haddad
Matrix Service (NASDAQ:MTRX) reported Q4 losses of $(0.11) per share, beating the analyst consensus estimate of $(0.21) by 47.62%. However, the company's quarterly sales of $205.90 million missed the analyst consensus estimate of $208.23 million by 1.12%.
September 11, 2023 | 8:12 pm
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NEUTRAL IMPACT
Matrix Service's Q4 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Matrix Service's Q4 earnings beat analyst estimates, which is generally positive for the stock. However, the company's sales missed estimates, which could offset some of the positive sentiment. The net impact on the stock is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100