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Dec 31, 2022
Minerals Technologies Q4 2022 Earnings Report
Minerals Technologies' fourth quarter earnings decreased due to higher inflation and operational challenges.
Key Takeaways
Minerals Technologies reported a 6% increase in sales compared to the prior year, but earnings per share decreased due to higher inflationary costs and operational challenges related to COVID-19 shutdowns in China and severe weather in the western U.S.
Sales increased by 6% year-over-year to $508 million.
Diluted earnings per share were $0.62, compared to $1.23 in the prior year.
Excluding special items, diluted earnings per share were $0.67, compared to $1.25 in the prior year.
Operating income was $43.6 million, impacted by higher inflationary costs and operational disruptions.
Minerals Technologies
Minerals Technologies
Minerals Technologies Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
The company is well-positioned to continue to deliver higher levels of profitable growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income