Minerals Technologies MTX announces its next round of earnings this Thursday, February 04. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Wall Street analysts see Minerals Technologies reporting earnings of $0.91 per share on sales of $394.28 million. In the same quarter last year, Minerals Technologies posted EPS of $0.95 on sales of $440.20 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The Wall Street consensus estimate for earnings would represent a 4.21% decrease for the company. Revenue would be down 10.43% on a year-over-year basis. Minerals Technologies's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.86 | 0.76 | 0.95 | 0.91 |
EPS Actual | 0.92 | 0.85 | 1.13 | 0.95 |
Revenue Estimate | 388.00 M | 394.07 M | 427.82 M | 431.47 M |
Revenue Actual | 388.30 M | 357.20 M | 417.50 M | 440.20 M |
Stock Performance
Over the last 52-week period, shares of Minerals Technologies are up 13.36%.
Do not be surprised to see the stock move on comments made during its conference call. Minerals Technologies is scheduled to hold the call at 11:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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