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.
EPS of $1.36 Excluding Special Items, a Record for the Company and Up 16% YoY
Sales of $519 Million, a Record First Quarter and Up 15% YoY, Reflecting Double-Digit Gains in All Segments
Operating Income of $66 Million, or $68 Million Excluding Special Items, a Record First Quarter and Up 15% YoY
Returns to Shareholders Totaled $19 Million, Comprised of Share Repurchases and Dividends
Company expects the level of growth and solid performance continuing through 2022, setting them up for another record year.
Visualization of income flow from segment revenue to net income