Recap: Matrix Service Q2 Earnings

Matrix Service MTRX reported its Q2 earnings results on Monday, February 7, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Matrix Service missed estimated earnings by 46.15%, reporting an EPS of $-0.38 versus an estimate of $-0.26.

Revenue was up $5.50 million from the same period last year.

Last quarter the company missed on EPS by $0.38, which was followed by a 8.23% drop in the share price the next day.

Here's a look at Matrix Service's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.22	-0.02	0.01	-0.02
EPS Actual	-0.60	-0.40	-0.43	-0.03
Revenue Estimate	172.23M	177.17M	188.09M	201.74M
Revenue Actual	168.09M	174.90M	148.26M	167.47M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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