Loading...
•
Sep 29, 2024
Minerals Technologies Q3 2024 Earnings Report
Minerals Technologies Inc. reported record third-quarter operating income and EPS, excluding special items.
Key Takeaways
Minerals Technologies Inc. announced record third-quarter results, with earnings per share of $1.45 ($1.51 excluding special items). The company's operating income, excluding special items, was $79 million, up 3% year-over-year, representing 15.1% of sales. A new $200 million share repurchase program was authorized, and the dividend was increased by 10%.
Record third quarter operating income and earnings per share excluding special items were achieved.
Operating margin and cash flow remained strong.
A new $200 million share repurchase program was announced, succeeding the completed $75 million program.
The dividend was increased by 10%.
Minerals Technologies
Minerals Technologies
Minerals Technologies Revenue by Segment
Minerals Technologies Revenue by Geographic Location
Revenue by Segment
Consumer & Specialties Revenue
CapyFin.comHousehold & Personal Care Revenue
CapyFin.comSpecialty Additives Revenue
CapyFin.comEngineered Solutions Revenue
CapyFin.comHigh-Temp Technologies Revenue
CapyFin.comEnvironmental & Infra Revenue
CapyFin.comRevenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income