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Matrix Service (MTRX) Reports Q1 Loss, Beats Revenue Estimates

Matrix Service (MTRX) came out with a quarterly loss of 0.01pershareversustheZacksConsensusEstimateofalossof0.01 per share versus the Zacks Consensus Estimate of a loss of 0.03. This compares to a loss of 0.33pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+66.670.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +66.67%. A quarter ago, it was expected that this energy services company would post earnings of 0.02 per share when it actually produced a loss of $0.28, delivering a surprise of -1500%.Over the last four quarters, the ...