Minerals Technologies Reports Record First Quarter 2024 Earnings Per Share of $1.44, or $1.49 Excluding Special Items [Yahoo! Finance]
Minerals Technologies Inc. (MTX)
Last minerals technologies inc. earnings: 4/30 05:01 pm
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US:NYSE Investor Relations:
investors.mineralstech.com/corporate-profile
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Source: Yahoo! Finance
Strong Operating Margin of 14.1%, or 14.5% Excluding Special Items, a 290 bps Increase over Prior Year Record First Quarter Cash Flow from Operations of $56 Million NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported diluted earnings per share of $1.49 for the first quarter ended March 31, 2024, excluding special items. Reported diluted earnings per share were $1.44. Worldwide net sales were $535 million, 2 percent higher sequentially and up slightly versus prior year on an underlying basis, excluding the deconsolidation of Barretts Minerals Inc. Underlying growth in the Consumer & Specialties segment offset lower sales in Engineered Solutions. Operating income excluding special items was $77 million, a record for MTI, and represented 14.5 percent of sales. Cash flow from operations was $56 million and free cash flow was $39 million. The Company repurchased $15 million of shares in the quarter and repai
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MTX
News
- Minerals Technologies (MTX) Upgraded to Strong Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Minerals Technologies First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Minerals Technologies Inc. (NYSE:MTX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Riverspan Partners Announces Inaugural Investment [Yahoo! Finance]Yahoo! Finance
- Minerals Technologies Inc. Announces Completion of Sale of Subsidiary's Talc Business [Yahoo! Finance]Yahoo! Finance
MTX
Earnings
- 4/25/24 - Beat
MTX
Sec Filings
- 5/2/24 - Form DEFA14A
- 4/30/24 - Form 8-K
- 4/26/24 - Form 10-Q
- MTX's page on the SEC website