Earnings Beat: Minerals Technologies Reports Q4 Earnings of $54 Million
NEW YORK -- Minerals Technologies Inc. (MTX) announced fourth-quarter earnings of $54 million, exceeding Wall Street expectations.
Key Financial Highlights:
* Earnings per share: $1.68
* Adjusted earnings per share: $1.50
* Revenue: $518.1 million
The company's adjusted earnings per share surpassed analysts' estimates of $1.39. Revenue, however, fell short of expectations of $522.4 million.
For the full year, Minerals Technologies reported:
* Net income: $167.1 million
* Earnings per share: $5.17
* Revenue: $2.12 billion
Analysts recommend accessing Zacks' stock report on MTX for further insights: https://www.zacks.com/ap/MTX