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Oct 02, 2022
Minerals Technologies Q3 2022 Earnings Report
Minerals Technologies reported earnings for Q3 2022, with sales up 15% year-over-year and EPS of $1.35 excluding special items.
Key Takeaways
Minerals Technologies reported a solid quarter with top- and bottom-line growth. Sales were $542 million, up 15% year-over-year, and EPS was $1.35 excluding special items, up 4% year-over-year. The company navigated challenges including softer demand in Europe, higher energy costs, and a slow rebound in China by controlling costs and implementing pricing actions.
Sales of $542 Million, Up 15% YoY, or Up 22% on a Constant Currency Basis
Operating Income of $36 Million, or $67 Million Excluding Special Items, Up 6% YoY
EPS of $1.35 Excluding Special Items, Up 4% YoY
Returned $17 Million to Shareholders Through Share Repurchases and Dividends
Revenue by Geographic Location
Forward Guidance
This press release contains forward‐looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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