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Matrix Service Co. (MTRX) Sank To Over An 8-Month Low After Q4 Miss

Matrix Service Co. (MTRX) reported fourth quarter EPS of $0.28 after the bell Wednesday, which was flat with the prior year result. The consensus estimate was for EPS of $0.36. Full year 2015 EPS is expected to be between $1.40 and $1.60. Analysts are expecting EPS of $1.77.

Matrix Service gapped open sharply lower Thursday and dropped in early trade, before settling into a range. Shares finished down by 6.27 at $22.86 on the highest volume of the year. The stock sank to over an 8-month low.

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