Matrix Service (MTRX) Reports Q3 Loss, Misses Revenue Estimates

Matrix Service (MTRX) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to 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 -307.69%. A quarter ago, it was expected that this energy services company would post a loss of $0.10 per share when it actually produced a loss of $0.18, delivering a surprise of -80%.Over the last four quarters, the compa ...