Minerals Technologies Q4 Adj EPS $1.28 Beats $1.25 Estimate, Sales $524.50M Beat $506.67M Estimate
Portfolio Pulse from mahesh@benzinga.com
Minerals Technologies (NYSE:MTX) reported Q4 adjusted EPS of $1.28, surpassing the $1.25 estimate, marking a 91.04% increase from last year's $0.67. Quarterly sales reached $524.50M, exceeding the $506.67M estimate by 3.52%, and showing a 3.33% increase from the previous year.
February 01, 2024 | 10:20 pm
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POSITIVE IMPACT
Minerals Technologies reported a significant beat on both EPS and sales estimates for Q4, with a notable year-over-year growth in earnings and sales.
The positive earnings and sales beat indicate strong financial health and operational efficiency, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100