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Minerals Technologies: 4Q Earnings Snapshot

NEW YORK (AP) _ Minerals Technologies Inc. (MTX) on Thursday reported fourth-quarter net income of $43.1 million.

The New York-based company said it had profit of $1.22 per share. Earnings, adjusted for one-time gains and costs, came to $1.17 per share.

The maker of mineral, mineral-based and synthetic mineral products posted revenue of $447.5 million in the period.

For the year, the company reported profit of $169 million, or $4.75 per share. Revenue was reported as $1.81 billion.

Minerals Technologies shares have risen 14 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $58.56, a decrease of 22 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTX at https://www.zacks.com/ap/MTX