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

Minerals Technologies

26/10/2023 23:55

* Minerals Technologies Inc  MTX.N  reported quarterly
adjusted
earnings of $1.49​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.32 per share.
    * Revenue rose 1.1% to $547.80 million from a year ago;
analysts
expected $551.85 million. 
    * Minerals Technologies Inc's reported EPS for the quarter
was a
loss of 59 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Minerals Technologies Inc shares had fallen by 7.6% this
quarter and lost 16.7% so far this year.
    * The company reported a quarterly loss of $19.2 million.
    * Wall Street's median 12-month price target for Minerals
Technologies Inc is $70.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 10:54 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.32           1.49           Beat
 Jun. 30 2023      1.26           1.31           Beat
 Mar. 31 2023      1.04           1.14           Beat
 Dec. 31 2022      1.19           0.67           Missed