Minerals Technologies Q3 2024 Adj. EPS $1.51 Beats $1.50 Estimate, Sales $524.700M Miss $536.075M Estimate
Portfolio Pulse from Benzinga Newsdesk
Minerals Technologies (NYSE:MTX) reported Q3 2024 earnings per share of $1.51, slightly beating the estimate of $1.50. However, sales of $524.7 million missed the expected $536.075 million, marking a 4.22% decrease from the previous year.
October 24, 2024 | 9:02 pm
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NEUTRAL IMPACT
Minerals Technologies reported Q3 2024 EPS of $1.51, beating estimates, but sales of $524.7M missed expectations and decreased from last year.
The slight EPS beat is positive, but the sales miss and year-over-year decline could offset this, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100