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Apr 02, 2023
Minerals Technologies Q1 2023 Earnings Report
Minerals Technologies reported earnings for the first quarter of 2023.
Key Takeaways
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.
Record First Quarter Sales of $546 Million, 5 Percent Above Prior Year
Operating Income of $63 Million, Increased 43 Percent Sequentially
Cash Flow from Operations Improved by $33 Million from Prior Year
Reorganization and New Segmentation Implemented
Revenue by Geographic Location
Forward Guidance
Minerals Technologies will host an Investor Day on May 24, 2023, to provide details on each of its businesses, their market positions, and growth and profit drivers.
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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