Minerals Technologies Inc expected to post earnings of $1.40 a share - Earnings Preview

Minerals Technologies

25/10/2022 23:59

* Minerals Technologies Inc  MTX.N   MTX  is expected
to show a
rise in quarterly revenue when it reports  results on October
27. 
    * The New York City-based  company is expected to report  a
12.7% increase in revenue to $533.175 million from $473.2
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Minerals
Technologies Inc
is for earnings of $1.40 per share. The company's EPS guidance
on July 29 2022, for the period ended September 30, was between
USD1.4 and USD1.45 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $92.5​, above​ its last closing price
of $56.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.45        1.45       1.50      Beat    3.3
 Mar. 31 2022  1.25        1.25       1.36      Beat    8.6
 Dec. 31 2021  1.21        1.21       1.25      Beat    3​
 Sep. 30 2021  1.25        1.24       1.30      Beat    4.5
 ​​Jun.        1.25        1.25       1.29      Beat    3.6
 30 2021                                                
 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
 This summary was machine generated October 25 at 22:59 GMT.  All
figures in US dollars  unless otherwise stated