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Oct 01, 2023
Minerals Technologies Q3 2023 Earnings Report
Minerals Technologies reported a loss per share, but earnings per share excluding one-time charges associated with Barretts Minerals Inc were positive, and revenue reached a record for the third quarter.
Key Takeaways
Minerals Technologies reported a diluted loss per share of $0.59, but earnings per share of $1.49 excluding special items. The company achieved record third-quarter revenue of $548 million and record operating income of $77 million excluding special items.
Record Third Quarter Revenue of $548M.
Reported Operating Loss of $8M Associated with Non-cash Impairment of Barretts Minerals Inc. (“BMI”).
Record Operating Income of $77M and Operating Margin of 14.1% Excluding Special Items.
Cash Flow from Operations of $138M Year-To-Date, Double the Previous Year.
Minerals Technologies
Minerals Technologies
Minerals Technologies Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
No forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income