Stock Analysis
- United States
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- Construction
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- NasdaqGS:MTRX
Matrix Service Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Matrix Service (NASDAQ:MTRX) Full Year 2024 Results
Key Financial Results
- Revenue: US$728.2m (down 8.4% from FY 2023).
- Net loss: US$25.0m (loss narrowed by 52% from FY 2023).
- US$0.91 loss per share (improved from US$1.94 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Matrix Service EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 5.7%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Construction industry in the US.
Performance of the American Construction industry.
The company's shares are down 3.0% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Matrix Service's balance sheet.
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About NasdaqGS:MTRX
Matrix Service
Provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally.