Loading...
•
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.
Revenue by Geographic Location
Forward Guidance
No forward guidance was provided in the press release.
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
Loading earnings performance data...
Loading earnings reaction data...