Matrix Service (MTRX) Reports In-Line Q1 EPS of $0.36; Reaffirms FY09 Outlook

October 2, 2008 7:46 AM EDT

Matrix Service Co. (Nasdaq: MTRX) reports Q1 EPS of $0.36, in-line with the analyst estimate of $0.36. Revenues for the quarter were $186.7 million, versus the consensus of $179.01 million.

Reaffirms if FY09 EPS and sales guidance of $1.35-$1.60 and $800-$850 million, respectively. The Street is expecting FY09 EPS of $1.50 and sales of $810.60 million.

Matrix Service Company provides construction, and repair and maintenance services primarily to the energy and energy related industries in the United States and Canada.


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