Minerals Technologies Q3 2023 EPS $1.49 Beats $1.31 Estimate, Revenue $548M Misses $551.5M Estimate
Portfolio Pulse from Benzinga Newsdesk
Minerals Technologies reported Q3 2023 earnings per share (EPS) of $1.49, beating the estimate of $1.31. However, the company's revenue of $548M fell short of the estimated $551.5M.

October 26, 2023 | 9:05 pm
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Minerals Technologies' Q3 2023 EPS exceeded expectations, but its revenue was lower than anticipated.
The company's EPS beat estimates, which is a positive signal for investors. However, the lower-than-expected revenue could be a concern, potentially indicating slower growth or decreased sales. These two factors could balance each other out, leading to a neutral short-term impact on the stock price.
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