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Jul 03, 2022
Minerals Technologies Q2 2022 Earnings Report
Reported record EPS, excluding special items, and sales, driven by strong market demand, acquisitions, and pricing actions.
Key Takeaways
Minerals Technologies reported a record quarter with EPS of $1.50, excluding special items, and sales of $557 million, up 22% year-over-year. The company's performance was driven by strong market demand, acquisitions, and pricing actions across all segments.
Sales of $557 million, a record quarter and up 22% YoY, or 27% on a constant currency basis, reflecting double-digit gains in all segments
Operating income of $69 million, or $74 million excluding special items, a record second quarter and up 15% YoY
EPS of $1.50 excluding special items, a record for the company and up 16% YoY
Acquired bolt-on European Pet Litter Business (“Concept Pet”)
Minerals Technologies
Minerals Technologies
Minerals Technologies Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com 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