Mistras Group, Inc. (MG) Misses Q4 EPS by 5c

Mistras Group, Inc. (NYSE: MG) reported Q4 EPS of $0.15, $0.05 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $187.6 million versus the consensus estimate of $179.8 million.

GUIDANCE:

Mistras Group, Inc. sees FY2018 revenue of $715-727.5 million, versus the consensus of $730 million.

The Company’s adjusted EBITDA is expected to increase by 22% to 30% over 2017, to between $78 million and $83 million. The Company is still assessing the impact of the recent tax reform act on the Company’s effective tax rate for 2018.

For earnings history and earnings-related data on Mistras Group, Inc. (MG) click here.

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