Minerals Technologies (MTX) just came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1.59%. A quarter ago, it was expected that this maker of mineral, mineral-based and synthetic mineral products would post earnings of $1.11 per share when it actually produced earnings of $1.13, delivering a surprise of 1.80%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Minerals Technologies, which belongs to the Zacks Chemical – Specialty industry, posted revenues of $464.70 million for the quarter ended June 2018, surpassing the Zacks Consensus Estimate by 5.40%. This compares to year-ago revenues of $414.10 million. The company has topped consensus revenue estimates four times over the last four quarters.