Matrix Service Earnings: Your Sneak Peek to the Big Announcement

Matrix Service (NASDAQ:MTRX) will report earnings after markets close on Wednesday, May 8th. Matrix Service Company provides specialized on-site maintenance and construction services for petroleum refining and storage facilities, as well as water storage facilities for the private industry sector. The Company’s services include the maintenance, inspection, design, repair, and construction of aboveground storage tanks.

Here is your Cheat Sheet to Matrix Service Earnings:

Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $212.98 million. Currently, the company’s P/E ratio stands at 23.32.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.27 to a profit $0.28. For the current year, the average estimate is a profit of $0.92, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Matrix Service has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 731.30 689.72 550.81 627.05 739.05
Diluted EPS ($) 0.80 1.16 0.18 0.71 0.65

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 200.96 183.90 184.86 209.61 221.44
Diluted EPS ($) 0.27 0.19 0.0682 0.18 0.21

Past Performance:
Matrix Service has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]