Matrix Service (MTRX) Reports Q1 Loss, Misses Revenue Estimates
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Matrix Service (MTRX) reported a Q1 loss of $0.33 per share, missing the Zacks Consensus Estimate of a $0.32 loss. This is a larger loss compared to $0.21 per share a year ago.
November 07, 2024 | 12:45 am
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Matrix Service reported a larger-than-expected Q1 loss of $0.33 per share, missing the consensus estimate and showing a decline from the previous year's loss.
The reported loss of $0.33 per share is worse than the expected $0.32 loss and also worse than the previous year's $0.21 loss, indicating a negative trend in earnings performance. This is likely to negatively impact the stock price in the short term.
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