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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Matrix Service Co    MTRX


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Matrix Service Company Sets Date to Discuss Results for the Fourth Quarter and Fiscal Year Ended June 30, 2019

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08/14/2019 | 04:06pm EDT

TULSA, Okla., Aug. 14, 2019 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for the Fourth quarter and Fiscal Year Ended June 30, 2019, and provide guidance for Fiscal 2020 on Wednesday, August 28, 2019 after the market closes.  The release will be followed by a conference call on Thursday, August 29, 2019 at 10:30 a.m. Eastern time /09:30 a.m. Central time.

Earnings Conference Call instructions

Matrix Service Company will host a conference call with John R. Hewitt, President and CEO and Kevin S. Cavanah, Vice President and CFO at 10:30 a.m. Eastern Time / 09:30 a.m. Central Time on August 29, 2019.  The call will be simultaneously broadcast live over the Internet, which can be accessed at the Company’s website at www.matrixservicecompany.com on the Investors Relations page under Events & Presentations.  Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.  The conference call will be recorded and will be available for replay within one hour of the live call and can be accessed following the same link as the live call.

About Matrix Service Company

Founded in 1984, Matrix Service Company is parent to a family of companies that include Matrix Service Inc., Matrix NAC, Matrix PDM Engineering and Matrix Applied Technologies. Our subsidiaries design, build and maintain infrastructure critical to North America’s energy and industrial markets. Matrix Service Company is headquartered in Tulsa, Oklahoma with subsidiary offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.

The Company reports its financial results based on four key operating segments: Electrical Infrastructure, Storage Solutions, Oil Gas & Chemical and Industrial. To learn more about Matrix Service Company, visit matrixservicecompany.com

This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  These statements are generally accompanied by words such as "anticipate," "continues," "expect," "forecast," "outlook," "believe," "estimate," "should" and "will" and words of similar effect that convey future meaning, concerning the Company's operations, economic performance and management's best judgment as to what may occur in the future.   Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate.  The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including those factors discussed in the “Risk Factors” and “Forward Looking Statements” sections and elsewhere in the Company's reports and filings made from time to time with the Securities and Exchange Commission.  Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company's operations and its financial condition.  We undertake no obligation to update information contained in this release.

For more information, please contact:

Matrix Service Company
Kevin S. Cavanah
Vice President and CFO
T: 918-838-8822
E: kcavanah@matrixservicecompany.com
                       Kellie Smythe
Senior Director, Investor Relations
T: 918-359-8267
E: ksmythe@matrixservicecompany.com

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© GlobeNewswire 2019
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Financials (USD)
Sales 2019 1 395 M
EBIT 2019 36,2 M
Net income 2019 26,3 M
Finance 2019 56,9 M
Yield 2019 -
P/E ratio 2019 20,2x
P/E ratio 2020 15,1x
EV / Sales2019 0,33x
EV / Sales2020 0,29x
Capitalization 521 M
Duration : Period :
Matrix Service Co Technical Analysis Chart | MarketScreener
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Technical analysis trends MATRIX SERVICE CO
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 3
Average target price 26,50  $
Last Close Price 19,42  $
Spread / Highest target 44,2%
Spread / Average Target 36,5%
Spread / Lowest Target 28,7%
EPS Revisions
John R. Hewitt President, Chief Executive Officer & Director
James W. Mogg Chairman
Joseph F. Montalbano Chief Operating Officer
Kevin S. Cavanah Chief Financial Officer & Vice President
Rick J. Bennett Chief Information Officer & Vice President
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