Q2 Earnings Estimate for Matrix Service Issued By Sidoti Csr

Matrix Service (NASDAQ:MTRX) – Research analysts at Sidoti Csr dropped their Q2 2025 earnings per share estimates for Matrix Service in a report issued on Thursday, November 7th. Sidoti Csr analyst J. Franzreb now anticipates that the company will post earnings per share of ($0.17) for the quarter, down from their prior estimate of ($0.08). The consensus estimate for Matrix Service’s current full-year earnings is ($0.06) per share. Sidoti Csr also issued estimates for Matrix Service’s Q4 2025 earnings at $0.33 EPS and FY2025 earnings at ($0.08) EPS.

Matrix Service (NASDAQ:MTRX) last released its quarterly earnings results on Wednesday, November 6th. The company reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.01). Matrix Service had a negative net margin of 4.46% and a negative return on equity of 19.56%. The business had revenue of $165.58 million during the quarter, compared to analyst estimates of $183.90 million. During the same quarter in the previous year, the firm posted ($0.21) earnings per share.

MTRX has been the subject of several other reports. StockNews.com downgraded shares of Matrix Service from a “buy” rating to a “hold” rating in a report on Friday. DA Davidson reiterated a “buy” rating and set a $18.00 price target on shares of Matrix Service in a report on Thursday, September 26th.

Matrix Service Stock Performance

Shares of MTRX opened at $13.01 on Monday. Matrix Service has a one year low of $8.61 and a one year high of $13.90. The firm has a 50 day simple moving average of $11.15 and a two-hundred day simple moving average of $10.64.

Hedge Funds Weigh In On Matrix Service

Large investors have recently added to or reduced their stakes in the business. Quest Partners LLC purchased a new stake in shares of Matrix Service during the 2nd quarter worth approximately $83,000. SG Americas Securities LLC purchased a new stake in shares of Matrix Service during the 3rd quarter worth approximately $108,000. Net Worth Advisory Group purchased a new position in Matrix Service in the 3rd quarter valued at approximately $125,000. The Manufacturers Life Insurance Company purchased a new position in Matrix Service in the 2nd quarter valued at approximately $110,000. Finally, XTX Topco Ltd grew its stake in Matrix Service by 66.3% in the 2nd quarter. XTX Topco Ltd now owns 20,932 shares of the company’s stock valued at $208,000 after buying an additional 8,344 shares in the last quarter. Institutional investors own 78.38% of the company’s stock.

Matrix Service Company Profile

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.