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Jun 28, 2020
Minerals Technologies Q2 2020 Earnings Report
Reported diluted earnings per share of $0.85, excluding special items, and worldwide net sales of $357.2 million.
Key Takeaways
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.
Strong Demand from Consumer-Oriented Markets
Operating Margins Remained Solid Despite Weaker Volumes
Signed Two New Satellite PCC Contracts: U.S. and India
Improved Financial Flexibility by Extending Debt Maturities and Increasing Liquidity to Over $675 Million
Revenue by Geographic Location
Forward Guidance
As we move through the rest of 2020, we will continue to focus on the health and safety of our employees, meeting our customers' needs, and advancing our growth strategy.
Positive Outlook
- Focus on the health and safety of employees
- Meeting customers' needs
- Advancing growth strategy
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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