Matrix Service (MTRX) Reports Q2 Loss, Lags Revenue Estimates

Matrix Service (MTRX) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.04%. A quarter ago, it was expected that this energy services company would post a loss of $0.32 per share when it actually produced a loss of $0.33, delivering a surprise of -3.13%.Over the last four quarters, the compa ...