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Jul 04, 2021
Minerals Technologies Q2 2021 Earnings Report
Minerals Technologies reported record earnings per share, driven by strong sales growth and margin expansion.
Key Takeaways
Minerals Technologies reported a strong second quarter with sales of $455.6 million, a 28% increase year-over-year, and EPS of $1.23 ($1.29 excluding special items). The company saw growth across most end markets and completed the acquisition of Normerica Inc.
EPS excluding special items was up 52% versus prior year and up 10% sequentially.
Sales reached $456 million, a 28% increase versus the prior year and a 1% increase sequentially.
Operating margin was 14.0%, or 14.1% excluding special items.
Cash flow from operations was strong, up 25% year-to-date versus prior year.
Revenue by Geographic Location
Forward Guidance
This press release may contain forward‐looking statements that provide current expectations and forecasts of future events such as new products, revenues and financial performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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