Chemical Stock Q4 Earnings Slated On Jan 31: DWDP, EMN & MTX
Zacks Investment Research | Jan 29, 2019 08:23PM ET
A few chemical companies are scheduled to report their quarterly numbers on Jan 31. Per the Zacks Industry classification, the chemical industry is under the broader What's in Store for Eastman Chemical in Q4 Earnings? )
Minerals Technologies Inc. (NYSE:MTX) will report results after the bell. It has an Earnings ESP of 0.00% as both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at $1.17. The stock carries a Zacks Rank #3, but its ESP makes surprise prediction difficult.
Minerals Technologies beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 1.5%.
The Zacks Consensus Estimate for revenues for Q4 is pegged at $452 million, reflecting a rise of 4.6% from the year-ago quarter.
The company should gain from its productivity initiatives and actions to raise selling prices to manage the impact of higher raw material, logistics and energy costs. These actions should support its margins in the to-be-reported quarter. The Sivomatic acquisition should also drive revenues.
Minerals Technologies Inc. Price and EPS Surprise
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