Matrix Service (MTRX) Projected to Post Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) is expected to release its Q1 2027 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $239.78 million for the quarter. Parties may review the information on the company’s upcoming Q1 2027 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:30 AM ET.

Matrix Service (NASDAQ:MTRX) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $244.53 million during the quarter, compared to the consensus estimate of $247.04 million. Matrix Service had a negative net margin of 0.30% and a positive return on equity of 5.32%. On average, analysts expect Matrix Service to post $0.60 EPS for the current fiscal year and $0.69 EPS for the next fiscal year.

Matrix Service Trading Down 0.5%

Shares of MTRX stock opened at $9.31 on Tuesday. The firm’s 50 day moving average is $10.20 and its 200 day moving average is $11.78. The stock has a market capitalization of $263.38 million, a P/E ratio of 38.12, a PEG ratio of 0.93 and a beta of 0.98. Matrix Service has a 12 month low of $9.17 and a 12 month high of $15.97.

Analysts Set New Price Targets

A number of brokerages have issued reports on MTRX. Weiss Ratings cut shares of Matrix Service from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday. Northland Securities set a $16.00 price target on Matrix Service in a report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Matrix Service currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.50.

About Matrix Service

Matrix Service Company (NASDAQ:MTRX) is an engineering, construction, and maintenance services provider serving the energy and industrial markets. Based in Tulsa, Oklahoma, the company supports the development, operation, and maintenance of critical infrastructure for customers across North America.

Through its operating businesses, Matrix Service provides engineering, procurement, fabrication, construction, commissioning, maintenance, and repair services. Its capabilities include aboveground storage tanks, terminals, pipelines, process facilities, power infrastructure, and other energy-related assets.