Minerals Technologies delivered its highest Q3 EPS on record, supported by strong operating performance and improved margins in both business segments.
Minerals Technologies Inc. reported a loss per share of $4.51 for the first quarter of 2025, primarily due to a $215 million reserve for its subsidiary BMI OldCo's Chapter 11 case and related talc-related claims. Excluding special items, earnings were $1.14 per share. Net sales decreased by 8% year-over-year to $492 million, influenced by softer demand and destocking activities, though sales showed significant improvement in March.
Minerals Technologies Inc. achieved an outstanding year in 2024, delivering record operating income and earnings per share, significantly expanding margins, strengthening its balance sheet, and increasing returns to shareholders. Despite challenging end-market conditions in the fourth quarter, the company finished the year with another record performance.
Minerals Technologies Inc. announced record third-quarter results, with earnings per share of $1.45 ($1.51 excluding special items). The company's operating income, excluding special items, was $79 million, up 3% year-over-year, representing 15.1% of sales. A new $200 million share repurchase program was authorized, and the dividend was increased by 10%.
Minerals Technologies delivered a record quarter with strong sales and operating income growth. The company's focus on higher growth markets and operational excellence drove margin expansion and earnings per share growth, despite some market challenges.
Minerals Technologies reported a strong start to the year with record first quarter earnings. Diluted EPS was $1.44 ($1.49 excluding special items). Worldwide net sales were $535 million, up slightly versus prior year on an underlying basis. Record operating income was $77 million excluding special items.
Minerals Technologies reported a record fourth quarter with revenue of $525 million, up 3% year-over-year. Diluted EPS was $1.22, or $1.28 excluding special items. Strong cash flow from operations and free cash flow were reported at $95 million and $73 million, respectively.
Minerals Technologies reported a diluted loss per share of $0.59, but earnings per share of $1.49 excluding special items. The company achieved record third-quarter revenue of $548 million and record operating income of $77 million excluding special items.
Minerals Technologies reported a solid quarter with margin and cash flow improvement, driven by focused execution and commitment to targets. The company initiated a restructuring and cost savings program and announced plans to exit the talc business.
Minerals Technologies reported record first-quarter sales of $546 million, a 5% increase year-over-year. The company's operating income was $63 million, up 43% sequentially, and earnings per share were $1.14. The company completed its reorganization and re-segmentation to better reflect its balanced portfolio.
Minerals Technologies reported a 6% increase in sales compared to the prior year, but earnings per share decreased due to higher inflationary costs and operational challenges related to COVID-19 shutdowns in China and severe weather in the western U.S.
Minerals Technologies reported a solid quarter with top- and bottom-line growth. Sales were $542 million, up 15% year-over-year, and EPS was $1.35 excluding special items, up 4% year-over-year. The company navigated challenges including softer demand in Europe, higher energy costs, and a slow rebound in China by controlling costs and implementing pricing actions.
Minerals Technologies reported a record quarter with EPS of $1.50, excluding special items, and sales of $557 million, up 22% year-over-year. The company's performance was driven by strong market demand, acquisitions, and pricing actions across all segments.
Minerals Technologies reported a record first quarter with earnings per share of $1.33, or $1.36 excluding special items. Sales reached a record $519 million, reflecting double-digit gains across all segments. The company's performance was driven by strategic growth initiatives, strong demand, and pricing actions that offset inflationary costs.
Minerals Technologies Inc. reported a diluted earnings per share of $1.25, excluding special items, for the fourth quarter ended December 31, 2021, compared with $1.08 in the prior year. Worldwide net sales were $476.9 million, up 1 percent sequentially and 10 percent above the prior year. The company is set up for a year of strong profitable growth in 2022.
Minerals Technologies reported a strong third quarter with EPS of $1.30, excluding special items, up 41% versus the prior year. Sales were $473 million, up 22% versus the prior year. The company also saw continued strong cash flow from operations, up 10% year-to-date. Integration of Normerica Inc. is progressing well, and the company acquired Specialty PCC assets in the Midwest US in November.
Minerals Technologies reported a strong second quarter with sales of $455.6 million, a 28% increase year-over-year, and EPS of $1.23 ($1.29 excluding special items). The company saw growth across most end markets and completed the acquisition of Normerica Inc.
Minerals Technologies reported a strong first quarter with sales of $452.6 million, an 8% increase compared to the prior year, and diluted earnings per share of $1.17. The company benefited from improving demand trends across most end markets and strategic growth initiatives.
Minerals Technologies reported a solid fourth quarter with sequential sales growth and improved operating margin. The company's cost control, pricing, and productivity actions contributed to the positive results. Strong cash flow was generated, and the company maintained a solid financial position.
Minerals Technologies reported Q3 2020 earnings of $0.83 per share, or $0.92 per share excluding special items. Worldwide net sales were $388.3 million, up 9% sequentially. The company saw improved demand across several key end markets, along with continued strength in consumer-oriented products.
Minerals Technologies reported a challenging quarter due to COVID-19, but maintained strong performance in consumer-oriented markets. The company reported diluted earnings per share of $0.85 excluding special items, with worldwide net sales of $357.2 million.
Minerals Technologies reported a decrease in worldwide net sales by 5% compared to the prior year, with sales totaling $417.5 million. The diluted earnings per share were $1.13, excluding special items. COVID-19 impacted sales by approximately $7 million.
Minerals Technologies reported fourth-quarter sales of $440 million. The company's diluted earnings per share were $0.95, excluding special items, compared to $1.17 in the prior year. Reported diluted earnings per share were $0.83 compared to $1.22 in the prior year.