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.
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 $2.25, which is worse than the estimate ninety days ago.
Here’s how Minerals Technologies has been performing on an annual basis:
|Revenue ($) 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|
Minerals Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)