Key Developments: Matrix Service Co (MTRX.O)
17.32USD
17 May 2013
$0.52 (+3.10%)
$16.80
$16.92
$17.33
$16.92
98,831
154,868
$17.33
$9.62
Latest Key Developments (Source: Significant Developments)
Matrix Service Co Raises Low End Of Prior FY 2013 Revenue Guidance; Narrows FY 2013 EPS Guidance
Matrix Service Co announced that the Company is updating its fiscal 2013 revenue guidance to between $860 million and $890 million from previous guidance of $840 million to $890 million and updating earnings per fully diluted share guidance to between $0.87 and $0.94 from previous guidance of $0.83 to $0.98. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $870 million and EPS of $0.92 for fiscal 2013. Full Article
Matrix Service Co Raises FY 2013 Revenue Guidance; Reaffirms FY 2013 EPS Guidance
Matrix Service Co announced that the Company is raising its fiscal 2013 revenue guidance to between $840 million and $890 million and maintaining earnings per fully diluted share (EPS) guidance of between $0.83 and $0.98. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $847 million and EPS of $0.91 for fiscal 2013. Full Article
Matrix Service Co's Matrix Service Inc. Acquires Certain Assets And Employees From Pelichem Industrial Cleaning Services, LLC
Matrix Service Co's Matrix Service Inc., acquired certain assets and employees from Pelichem Industrial Cleaning Services, LLC ("Pelichem") on December 31, 2012. Pelichem is a privately-owned industrial cleaning services provider based in Reserve, Louisiana, who has served refining and petrochemical customers for over ten years. This acquisition furthers strategic plans to grow the industrial cleaning business. While the terms of the acquisition were not disclosed, the acquisition purchase price was less than $10 million and funded with cash on hand. Full Article
Matrix Service Co Reaffirms FY 2013 Guidance
Matrix Service Co reaffirmed its fiscal 2013 guidance of revenue between $800 million and $850 million and earnings between $0.83 and $0.98 per fully diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $825 million and EPS of $0.87 for fiscal 2013. Full Article
PSEG Selects Matrix Service Co's Subsidiary For Work On North Central Reliability Project
Matrix Service Co announced that its subsidiary Matrix SME has been selected to upgrade four substations for PSEG as part of the North Central Reliability Project. Matrix SME will execute all necessary work on this critical project for PSEG. The total contract value is approximately $40 million. The scope of work entails upgrading the substations from 138kV power to 230kV power in the communities of West Orange, Livingston and Union. Construction will begin immediately with an in-service date of June 2014. Full Article
Matrix Service Co Issues FY 2013 Guidance; EPS Guidance Below Analysts' Estimates
Matrix Service Co announced that for fiscal 2013, it expects revenues to be between $800-$850 million and earnings to be between $0.83-$0.98 per fully diluted share (EPS). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $808 million and EPS of $1.00 for fiscal 2013. Full Article
Matrix Service Company Lowers FY 2012 EPS Guidance; Lowers High End Of Prior FY 2012 Revenue Guidance To A Range In Line With Analysts' Estimates
Matrix Service Company announced that for fiscal 2012, it expects earnings per share (EPS) to a range of $0.77-$0.85 and revenue to a range of $725-$750 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.90 and revenue of $750 million for fiscal 2012. Full Article
Matrix Service Company Raises FY 2012 Revenue Guidance; Raises Low End Of Prior FY 2012 EPS Guidance To A Range In Line With Analysts' Estimates-Conference Call
Matrix Service Company announced that it is increasing its revenue guidance for fiscal 2012 to a range of $725 million to $775 million and increasing its earnings guidance to $0.85 to $0.95 per fully diluted share (EPS). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $717 million and EPS of $0.89 for fiscal 2012. Full Article
Matrix Service Company Raises Low End Of Prior FY 2012 To A Range In Line With Analysts' Estimates
Matrix Service Company announced that it is increasing the lower end of its revenue guidance for fiscal 2012 from the previously announced $650 million to $675 million and is increasing the lower end of its earnings guidance from the previously announced $0.75 per fully diluted share to $0.80 per fully diluted share (EPS). The upper end of the Company's fiscal 2012 revenue and earnings guidance is unchanged at $725 million and $0.95 per fully diluted share, respectively. According to I/B/E/S estimates, analysts are expecting the Company to report revenue of $697 million and EPS of $0.89 for fiscal 2012. Full Article
Matrix Service Company Issues FY 2012 Guidance In Line With Analysts' Estimates-Conference Call
Matrix Service Company announced that for fiscal 2012, it expects revenues to be between $650 million and $725 million, with earnings per fully diluted share (EPS) in a range of $0.75 to $0.95. According to I/B/E/S estimates, analysts are expecting the Company to report revenue of $721 million and EPS of $0.95 for fiscal 2012. Full Article
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