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Matrix Service (MTRX) Projected to Announce Quarterly Earnings on Wednesday

Matrix Service logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • Matrix Service is expected to report Q1 fiscal 2027 earnings after Wednesday’s market close, with analysts forecasting $0.18 in EPS and $239.78 million in revenue. The earnings call is scheduled for November 4, 2026, at 10:30 a.m. ET.
  • The company’s prior quarter fell slightly short of expectations, posting $0.16 EPS versus the $0.17 consensus and revenue of $244.53 million versus estimates of $247.04 million. Analysts expect full-year EPS of $0.60 and next-year EPS of $0.69.
  • Shares opened at $9.67, near their 52-week low of $9.38 and well below the $15.97 high. Despite mixed analyst views—including a “sell” rating—MTRX carries a consensus “Moderate Buy” rating and a $16.50 price target.
  • Want to know the moment analysts change their view on Matrix Service? Get MarketBeat All Access for $149 a year and keep that rate for life.

Matrix Service (NASDAQ:MTRX - Get Free Report) is projected to issue its Q1 2027 results after the market closes on Wednesday, November 4th. Analysts expect Matrix Service to announce earnings of $0.18 per share and revenue of $239.78 million for the quarter. Individuals can check the company's upcoming Q1 2027 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 10:30 AM ET.

Matrix Service (NASDAQ:MTRX - Get Free Report) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). The firm had revenue of $244.53 million during the quarter, compared to analyst estimates of $247.04 million. 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 Price Performance

Shares of Matrix Service stock opened at $9.67 on Wednesday. The firm has a market capitalization of $273.58 million, a P/E ratio of -107.44 and a beta of 0.98. The company has a 50 day moving average price of $10.34 and a 200 day moving average price of $11.84. Matrix Service has a 52 week low of $9.38 and a 52 week high of $15.97.

Wall Street Analysts Forecast Growth

MTRX has been the subject of a number of research reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Matrix Service in a research report on Thursday, October 15th. Northland Securities set a $16.00 price objective on Matrix Service in a research note on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $16.50.

Get Our Latest Stock Report on Matrix Service

About Matrix Service

(Get Free Report)

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.

Further Reading

Earnings History for Matrix Service (NASDAQ:MTRX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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