Minerals Technologies (NYSE: MTX) reported earnings on Nov. 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Minerals Technologies met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew significantly.

Margins grew across the board.

Revenue details
Minerals Technologies chalked up revenue of $250.3 million. The four analysts polled by S&P Capital IQ wanted to see a top line of $248.5 million on the same basis. GAAP reported sales were 4.5% lower than the prior-year quarter's $262.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.05. The four earnings estimates compiled by S&P Capital IQ predicted $1.01 per share. GAAP EPS of $1.05 for Q3 were 21% higher than the prior-year quarter's $0.87 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 22.0%, 180 basis points better than the prior-year quarter. Operating margin was 11.1%, 130 basis points better than the prior-year quarter. Net margin was 7.4%, 140 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $247.5 million. On the bottom line, the average EPS estimate is $0.99.

Next year's average estimate for revenue is $1.00 billion. The average EPS estimate is $4.12.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 38 members out of 41 rating the stock outperform, and three members rating it underperform. Among nine CAPS All-Star picks (recommendations by the highest-ranked CAPS members), nine 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 $77.75.