Minerals Technologies Inc expected to post earnings of $1.24 a share - Earnings Preview

Minerals Technologies

03/11/2021 13:32

* Minerals Technologies Inc  MTX.N   MTX  is expected to show a
rise in quarterly revenue when it reports  results on November
4. 
* The New York City, New York-based company is expected to
report  a 22.5% increase in revenue to $475.64 million from
$388.3 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Minerals Technologies
Inc is for earnings of $1.24 per share. For the same quarter
last year, the company reported earnings of 92 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Minerals
Technologies Inc is $93.5​, about 20.5% above​ its last closing
price of $74.34. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.25        1.25       1.29      Beat    3.6
 Mar. 31 2021  1.06        1.05       1.17      Beat    11.2
 Dec. 31 2020  0.92        0.91       1.08      Beat    18.2​
 Sep. 30 2020  0.88        0.87       0.92      Beat    5.5
 ​​Jun.        0.84        0.76       0.85      Beat    11.4
 30 2020                                                
 Mar. 31 2020  0.96        0.95       1.13      Beat    19.3​
 Dec. 31 2019  0.91        0.91       0.95      Beat    4.8
 Sep. 30 2019  1.01        1.01       1.06      Beat    5
 This summary was machine generated November 3 at 13:32 GMT.  All
figures in US dollars unless otherwise stated