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Dec 31, 2023
Minerals Technologies Q4 2023 Earnings Report
Minerals Technologies reported record fourth quarter revenue and EPS, driven by strong performance in Consumer & Specialties and Engineered Solutions segments.
Key Takeaways
Minerals Technologies reported a record fourth quarter with revenue of $525 million, up 3% year-over-year. Diluted EPS was $1.22, or $1.28 excluding special items. Strong cash flow from operations and free cash flow were reported at $95 million and $73 million, respectively.
Record Fourth Quarter Revenue of $525 Million
Strong Cash Flow from Operations of $95 Million and Free Cash Flow of $73 Million
Increased Dividend and Initiated a New, 1-Year, $75M Share Repurchase Program
Underlying sales, excluding the deconsolidation of Barretts Minerals Inc. (BMI), grew 6 percent
Revenue by Segment
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. Forward-looking statements provide current expectations and forecasts of future events such as new products, revenues and financial performance, and are not limited to describing historical or current facts.
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
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