Matrix Service Company Reports Third Quarter Results; Lowers Fiscal 2016 Guidance

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Avondale Partners Upgrades Matrix Service Company (MTRX) to Market Outperform

May 6, 2016 7:08 AM EDT

Avondale Partners upgraded Matrix Service Company (NASDAQ: MTRX) from Market Perform to Market Outperform with a price target of $20.00.

For an analyst ratings summary and ratings history on Matrix Service Company click... More

Matrix Service (MTRX) Misses Q3 EPS by 13c, Lowers FY EPS Guidance

May 4, 2016 4:50 PM EDT

Matrix Service (NASDAQ: MTRX) reported Q3 EPS of $0.16, $0.13 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $309.4 million versus the consensus estimate of $317.86 million.

GUIDANCE:

Matrix Service sees FY2016 EPS of $1.00-$1.10, versus prior guidance of... More