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

Matrix Service (MTRX) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to a loss of $0.33 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 ...