Minerals Technologies (NYSE: MTX ) reported earnings on Feb. 2. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Minerals Technologies missed slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased, and GAAP earnings per share expanded significantly.
Margins increased across the board.
Revenue details
Minerals Technologies recorded revenue of $262.2 million. The five analysts polled by S&P Capital IQ predicted a top line of $266.9 million. Sales were 3.5% higher than the prior-year quarter's $249.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS details
Non-GAAP EPS came in at $0.95. The four earnings estimates compiled by S&P Capital IQ averaged $0.90 per share on the same basis. GAAP EPS of $1.11 for Q3 were 29% higher than the prior-year quarter's $0.86 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 20.9%, 10 basis points better than the prior-year quarter. Operating margin was 10.0%, 60 basis points better than the prior-year quarter. Net margin was 7.8%, 130 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $250.9 million. On the bottom line, the average EPS estimate is $0.89.
Next year's average estimate for revenue is $1.05 billion. The average EPS estimate is $3.61.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 36 members rating the stock outperform, and three members rating it underperform. Among 11 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 11 give Minerals Technologies a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Minerals Technologies is outperform, with an average price target of $74.33.
Over the decades, small-cap stocks, like Minerals Technologies have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Minerals Technologies to My Watchlist.
No comments:
Post a Comment