Mistras Group Inc. (MG) reported third quarter adjusted EPS of $0.07 after the bell Monday, down from $0.13 a year ago. The consensus estimate was for EPS of $0.17. Total revenue grew 28 percent to $133.26 million from $104.12 million last year, while three Wall Street analysts had a consensus revenue estimate of $131.62 million for the quarter.
The company expects revenue to be in the high end of its previous guidance of $525 million to $535 million for the full year 2013. Analysts currently expect revenues of $533.24 million for the year.
Mistras Group gapped open lower Tuesday and declined throughout the first 2 hours of trade. The stock finished down by 2.61 at $21.28 on strong volume. Mistras Group sank to a 1-month low and dropped below its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.