Minerals Technologies (MTX) Tops Q1 EPS by 10c

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Minerals Technologies Reports First Quarter 2023 Earnings of $1.14 Per Share

April 27, 2023 5:01 PM EDT

Highlights:

Record First Quarter Sales of $546 Million, 5 Percent Above Prior YearOperating Income of $63 Million, Increased 43 Percent SequentiallyCash Flow from Operations Improved by $33 Million from Prior YearReorganization and New Segmentation ImplementedAnnounced Three Long-term PCC Supply Agreements in Asia

NEW YORK, April 27, 2023 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (MTI or the Company) today reported earnings per share of $1.14 for the first quarter ended April 2, 2023.

Our performance in the first quarter is a result of the diligent and focused execution on margin... More