Minerals Technologies (MTX) Reports In-Line Q1 EPS

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Go back to Minerals Technologies (MTX) Reports In-Line Q1 EPS

Minerals Technologies Reports First Quarter 2019 Earnings Per Share of $1.11

May 2, 2019 5:02 PM EDT

Highlights:

Sales Increase to $438 MillionDouble Digit Operating Margins Across All SegmentsProductivity Improvement of 4 PercentStart-up of 125,000 Ton PCC Satellite Plant in Indonesia

NEW YORK, May 02, 2019 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (MTI or the Company) today reported diluted earnings per share of $1.11 for the first quarter ended March 31, 2019. 

Worldwide net sales increased 1 percent to $437.7 million. Sales increased 4 percent excluding the impact of foreign exchange. Operating income was $62.0 million and represented 14.2 percent of sales.

MTI delivered solid first quarter results despite... More