Minerals Technologies (MTX) Tops Q3 EPS by 2c, Revenues In-Line

Minerals Technologies (NYSE: MTX) reported Q3 EPS of $1.27, $0.02 better than the analyst estimate of $1.25. Revenue for the quarter came in at $464.1 million versus the consensus estimate of $464.2 million.

“We had a solid third quarter, executing on a number of fronts to position MTI for continued profitable growth,” said Douglas T. Dietrich, Chief Executive Officer. “We drove margins higher sequentially across all of our businesses, as we mitigated the impact of inflationary cost increases through pricing actions and strong operating performance. Additionally, we made progress on several growth initiatives, successfully integrated Sivomatic and further strengthened our balance sheet.”

For earnings history and earnings-related data on Minerals Technologies (MTX) click here.

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