Minerals Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Minerals Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Minerals Technologies Inc MTX.N reported quarterly adjusted earnings of $1.60 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.55. The mean expectation of four analysts for the quarter was for earnings of $1.64 per share. Wall Street expected results to range from $1.61 to $1.65 per share.
Revenue rose 3.7% to $548.40 million from a year ago; analysts expected $558.83 million.
Minerals Technologies Inc's reported EPS for the quarter was a loss of $5.90.
The company reported a quarterly loss of $183.6 million.
Minerals Technologies Inc shares had fallen by 2.0% this quarter and gained 19.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
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." The average consensus recommendation for the specialty chemicals peer group is also "buy"
Wall Street's median 12-month price target for Minerals Technologies Inc is $91.00, about 20.3% above its last closing price of $72.51
This summary was machine generated from LSEG data July 31 at 08:33 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.64 | 1.60 | Missed |
Mar. 31 2026 | 1.26 | 1.38 | Beat |
Dec. 31 2025 | 1.28 | 1.27 | Missed |
Sep. 30 2025 | 1.46 | 1.55 | Beat |
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