Minerals Technologies forecasts fourth-quarter EPS of $1.15-$1.20
Bitget2026/10/30 14:43- Minerals Technologies forecasts fourth-quarter 2026 earnings per share of $1.15-$1.20.
- Sales are projected at about $525 million, with operating income of $60 million-$63 million.
- Engineered Solutions sales are expected to fall about 10% sequentially on seasonality; Consumer & Specialties sales should remain similar sequentially.
- The outlook includes six fewer days than the prior-year quarter, alongside continued pricing actions to offset higher costs.
- Third-quarter sales rose 4% to $555 million; full-year sales remain on track for mid-single-digit growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Indonesian Rupiah: External headwinds and MSCI risks – OCBC
Taiwan Dollar: Strong fundamentals but near-term pressure – Commerzbank
Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off
Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.
Crypto prices
More
