--- title: "What To Expect From Matrix Service’s (MTRX) Q1 Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/285148926.md" description: "Matrix Service (MTRX) will announce its Q1 earnings this Wednesday. Last quarter, it missed revenue expectations with $210.5 million, a 12.5% year-on-year increase. Analysts expect a 15.7% revenue growth this quarter, down from 20.6% last year. Despite past misses, analysts have maintained their estimates. Peers like Comfort Systems and Granite Construction reported strong growth, influencing positive sentiment in the sector. Matrix Service shares are up 14.8% recently, with an average analyst price target of $20 against a current price of $13.39." datetime: "2026-05-05T03:24:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285148926.md) - [en](https://longbridge.com/en/news/285148926.md) - [zh-HK](https://longbridge.com/zh-HK/news/285148926.md) generator: "portal-rs" --- # What To Expect From Matrix Service’s (MTRX) Q1 Earnings Industrial construction and maintenance company Matrix Service will be announcing earnings results this Wednesday after market close. Here’s what investors should know. Matrix Service missed analysts’ revenue expectations last quarter, reporting revenues of $210.5 million, up 12.5% year on year. It was a softer quarter for the company, with a significant miss of analysts’ revenue estimates and a significant miss of analysts’ EBITDA estimates. Is Matrix Service a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Matrix Service’s revenue to grow 15.7% year on year, slowing from the 20.6% increase it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Matrix Service has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Matrix Service’s peers in the construction and maintenance services segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Comfort Systems delivered year-on-year revenue growth of 56.5%, beating analysts’ expectations by 19.5%, and Granite Construction reported revenues up 30.4%, topping estimates by 18%. Comfort Systems traded down 2.7% following the results while Granite Construction was up 13.8%. Read our full analysis of Comfort Systems’s results here and Granite Construction’s results here. There has been positive sentiment among investors in the construction and maintenance services segment, with share prices up 7.6% on average over the last month. Matrix Service is up 14.8% during the same time and is heading into earnings with an average analyst price target of $20 (compared to the current share price of $13.39). **ONE MORE THING: The $21 AI Application Stock Wall Street Forgot.** While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. **Read the FREE Report Before They Notice**. ### Related Stocks - [MTRX.US](https://longbridge.com/en/quote/MTRX.US.md) - [PAVE.US](https://longbridge.com/en/quote/PAVE.US.md) - [IGF.US](https://longbridge.com/en/quote/IGF.US.md) - [PKB.US](https://longbridge.com/en/quote/PKB.US.md) - [FIX.US](https://longbridge.com/en/quote/FIX.US.md) - [GVA.US](https://longbridge.com/en/quote/GVA.US.md) ## Related News & Research - [Matrix Service Company $MTRX Stake Cut by Azarias Capital Management L.P.](https://longbridge.com/en/news/295758614.md) - [U.S. Housing Starts Plunge 12.4% In July, Much More Than Expected](https://longbridge.com/en/news/296239311.md) - [Originalis AI Founding Engineer Ujjwal Jain Unveils AI System Processing Over 645,000 VC Email Threads](https://longbridge.com/en/news/296065185.md) - [Argentum AI Announces Expansion of Global AI Factory Platform and Leadership Team](https://longbridge.com/en/news/296508397.md) - [Global Mofy AI Strikes Related-Party Share Swap for Stake in Chinese AI Firm](https://longbridge.com/en/news/296535511.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**