Minerals Technologies Inc expected to post earnings of $1.45 a share - Earnings Preview

Minerals Technologies

27/07/2022 03:03

* Minerals Technologies Inc  MTX.N   MTX  is expected
to show a
rise in quarterly revenue when it reports  results on July 28. 
    * The New York City-based  company is expected to report  a
17.1% increase in revenue to $533.725 million from $455.6
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 $1.45 per share. For the same quarter last
year, the company reported earnings of $1.29 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 $88​, above​ its last closing price
of $64.67. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.25        1.25       1.36      Beat    8.6
 Dec. 31 2022  1.21        1.21       1.25      Beat    3
 Sep. 30 2021  1.25        1.24       1.30      Beat    4.5​
 Jun. 30 2021  1.25        1.25       1.29      Beat    3.6
 ​​Mar.        1.06        1.05       1.17      Beat    11.2
 31 2021                                                
 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. 30 2020  0.84        0.76       0.85      Beat    11.4
 This summary was machine generated July 27 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated