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Mar 29, 2020
Minerals Technologies Q1 2020 Earnings Report
Reported first quarter earnings with diluted EPS of $1.12, or $1.13 excluding special items.
Key Takeaways
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.
First Quarter Sales of $418 Million
Operating Margins Increased 200 Basis Points Sequentially, Excluding Special Items
Strong Liquidity of Over $400 Million, Including $218 Million Cash and Equivalents
COVID-19 Pandemic Impacted Sales by Approximately $7 Million
Revenue by Geographic Location
Forward Guidance
The current economic environment related to the rapidly evolving global pandemic, which is slowing business activity in several key end-markets, is expected to further impact MTI’s second quarter results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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