The quarterly results for Minerals Technologies Inc. (NYSE:MTX) were released last week, making it a good time to revisit its performance. Things were not great overall, with a surprise (statutory) loss of US$5.90 per share on revenues of US$548m, even though the analysts had been expecting a profit. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Minerals Technologies after the latest results.

Following last week's earnings report, Minerals Technologies' four analysts are forecasting 2026 revenues to be US$2.19b, approximately in line with the last 12 months. Statutory losses are forecast to balloon 20% to US$1.72 per share. In the lead-up to this report, the analysts had been modelling revenues of US$2.20b and earnings per share (EPS) of US$6.33 in 2026. So despite reconfirming their revenue estimates, the analysts are now forecasting a loss instead of a profit, which looks like a definite drop in sentiment following the latest results.

The consensus price target held steady at US$93.00, seemingly implying that the higher forecast losses are not expected to have a long term impact on the company's valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Minerals Technologies, with the most bullish analyst valuing it at US$100.00 and the most bearish at US$90.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Minerals Technologies' rate of growth is expected to accelerate meaningfully, with the forecast 3.6% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 2.5% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.1% per year. So it's clear that despite the acceleration in growth, Minerals Technologies is expected to grow meaningfully slower than the industry average.

The Bottom Line

The most important thing to take away is that the analysts are expecting Minerals Technologies to become unprofitable next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Minerals Technologies' revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Minerals Technologies going out to 2027, and you can see them free on our platform here.

You should always think about risks though.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.