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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
Minerals Technologies
Minerals Technologies
Minerals Technologies Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com 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