Minerals Technologies Earnings Preview: Can This Streak Continue?

Minerals Technologies (NYSE:MTX) will report earnings after markets close on Thursday, April 25th. Minerals Technologies Inc. is a resource- and technology-based organization that develops and produces performance-enhancing minerals, mineral-based, and synthetic mineral products. The Company’s products are used for paper, steel, polymer, and other manufacturing industries on a worldwide basis.

Here is your Cheat Sheet to Minerals Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.51 per share on revenues of $253.77 million. Currently, the company’s P/E ratio stands at 18.39.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.58 and has not changed. For the current year, the average estimate is a profit of $2.25, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Minerals Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,112 907.32 1,002 1,045 1,006
Diluted EPS ($) 1.72 -0.635 1.79 1.86 2.09

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 251.74 257.14 253.97 250.35 244.17
Diluted EPS ($) 0.545 0.505 0.555 0.525 0.505

Past Performance:
Minerals Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)