Matrix Service (Nasdaq: MTRX) reported earnings on May 7. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q3), Matrix Service beat slightly on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue improved significantly and GAAP earnings per share increased.

Margins contracted across the board.

Revenue details
 Matrix Service booked revenue of $183.9 million. The five analysts polled by S&P Capital IQ expected revenue of $180.5 million on the same basis. GAAP reported sales were 35% higher than the prior-year quarter's $136.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.19. The five earnings estimates compiled by S&P Capital IQ predicted $0.21 per share. GAAP EPS of $0.19 for Q3 were 5.6% higher than the prior-year quarter's $0.18 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 10.8%, 280 basis points worse than the prior-year quarter. Operating margin was 4.0%, 160 basis points worse than the prior-year quarter. Net margin was 2.6%, 100 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $198.7 million. On the bottom line, the average EPS estimate is $0.28.

Next year's average estimate for revenue is $749.5 million. The average EPS estimate is $0.90.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 233 members out of 243 rating the stock outperform, and 10 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 give Matrix Service a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Matrix Service is outperform, with an average price target of $17.00.

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