Minerals Technologies Q2 EPS $1.31 Beats $1.26 Estimate, Sales $551.50M Miss $567.07M Estimate
Portfolio Pulse from Benzinga Newsdesk
Minerals Technologies (NYSE:MTX) reported Q2 earnings of $1.31 per share, beating the analyst consensus estimate of $1.26 by 3.97%. However, this is a 12.67% decrease from the same period last year. The company's quarterly sales were $551.50 million, missing the analyst consensus estimate of $567.07 million by 2.75%, and a 0.99% decrease from the same period last year.
July 27, 2023 | 9:03 pm
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Minerals Technologies reported Q2 earnings that beat estimates but sales that missed. This mixed report could lead to uncertainty in the market.
While the company beat earnings estimates, the miss on sales could be a concern for investors. This mixed report could lead to uncertainty in the market, potentially impacting the stock's price.
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