Minerals Technologies (MTX) Tops Q3 EPS by 5c

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Go back to Minerals Technologies (MTX) Tops Q3 EPS by 5c

Minerals Technologies Reports Third Quarter 2020 Earnings of $0.83 Per Share, or $0.92 Per Share, Excluding Special Items

October 29, 2020 5:01 PM EDT

Highlights:

Sales of $388 Million, a 9 Percent Increase SequentiallyImproving Demand Across Majority of End MarketsContinued Strength in Consumer-Oriented ProductsOperating Margins Improved Sequentially and Versus Prior YearStrong Cash Flow from Operations of $54 MillionImproved Financial Flexibility by Extending Debt Maturities and Increasing Liquidity

NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (MTI or the Company) today reported diluted earnings per share of $0.92, excluding special items, for the third quarter ended September 27, 2020, compared with $1.06 in the prior year. Reported diluted... More