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

Minerals Technologies

29/04/2022 24:04

* Minerals Technologies Inc  MTX.N  reported quarterly
adjusted
earnings of $1.36​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of $1.25 per share.
    * Revenue rose 14.7% to $519.10 million from a year ago; 
analysts
expected $513.83 million. 
    * Minerals Technologies Inc's reported EPS for the quarter
was
$1.33​.
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Minerals Technologies Inc shares had fallen by 6.6% this
quarter and lost 15.5% so far this year.
    * The company reported quarterly net income of $44.1
million.
    * Wall Street's median 12-month price target for Minerals
Technologies Inc is $89.50 
    * 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." 

This summary was machine generated April 28 at 11:04 p.m.  ​All
figures in US dollars unless otherwise stated