Minerals Technologies Inc reports results for the quarter ended in December - Earnings Summary

Minerals Technologies

02/02/2023 23:39

* Minerals Technologies Inc  MTX.N  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of $1.19 per share.
    * Revenue rose 6.4% to $507.60 million from a year ago;
analysts
expected $516.83 million. 
    * Minerals Technologies Inc's reported EPS for the quarter
was 62
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Minerals Technologies Inc shares had risen by 16.9% this
quarter.
    * The company reported quarterly net income of $20 million.
    * Wall Street's median 12-month price target for Minerals
Technologies Inc is $85.00 
    * 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." 

This summary was machine generated from Refinitiv data February
2 at 11:38 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.19           0.67           Missed
 Sep. 30 2022      1.40           1.35           Missed
 Jun. 30 2022      1.45           1.50           Beat
 Mar. 31 2022      1.25           1.36           Beat