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

Minerals Technologies

28/04/2023 24:11

* Minerals Technologies Inc  MTX.N  reported quarterly
adjusted
earnings of $1.14​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of $1.04 per share.
    * Revenue rose 5.2% to $546.10 million from a year ago;
analysts
expected $527.73 million. 
    * Minerals Technologies Inc's reported EPS for the quarter
was
$1.14​.
    * The mean earnings estimate of analysts had fallen by
about 22.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Minerals Technologies Inc shares had fallen by 7.4% this
quarter and lost 7.8% so far this year.
    * The company reported quarterly net income of $37 million.
    * Wall Street's median 12-month price target for Minerals
Technologies Inc is $77.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 11:11 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.04           1.14           Beat
 Dec. 31 2022      1.19           0.67           Missed
 Sep. 30 2022      1.40           1.35           Missed
 Jun. 30 2022      1.45           1.50           Beat