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

Minerals Technologies

27/10/2022 23:31

* Minerals Technologies Inc  MTX.N  reported quarterly
adjusted
earnings of $1.35​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.40 per share.
    * Revenue rose 14.5% to $541.90 million from a year ago;
analysts
expected $533.18 million. 
    * Minerals Technologies Inc's reported EPS for the quarter
was 41
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Minerals Technologies Inc shares had risen by 14.8% this
quarter and lost 22.4% so far this year.
    * The company reported quarterly net income of $13.4
million.
    * Wall Street's median 12-month price target for Minerals
Technologies Inc is $92.50 
    * 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 October
27 at 10:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      1.21           1.25           Beat