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.
Earnings
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.
Past Earnings Performance
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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