Minerals Technologies

Minerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the following four segments: Performance Materials, Specialty Minerals, Refractories and Energy Services. The Performance Materials segment supplies bentonite and bentonite-related products, chromite and leonardite. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc. The Refractories segment produces monolithic and shaped refractory materials and products, and also provides services and sells application and measurement equipment, and calcium metal and metallurgical wire products. The Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in oil & gas industry. The company was founded on February 19, 1968 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Minerals Technologies (MTX) overcomes challenges, eyes growth in 2023

Minerals Technologies (MTX) faced challenges but showed resilience and growth in Q4 2022, with a strong outlook for Q1 2023.
The company's reorganization, pricing actions, and focus on new segments position it well for future opportunities.
Despite short-term challenges, MTX remains focused on recapturing margins, sustaining growth, and enhancing operational efficiency.
Overall, MTX's performance in 2022 was strong, with a positive trajectory expected for 2023.

Minerals Technologies (MTX) reports record Q1 performance and outlines growth strategies

Minerals Technologies (MTX) delivered a strong Q1 performance with record sales growth and margin expansion. Despite concerns about cost inflation, the company is focused on offsetting challenges and maximizing opportunities for growth and profitability.

Minerals Technologies (MTX) reports strong Q2 performance and strategic growth opportunities

Minerals Technologies (MTX) delivered a solid Q2 performance with sales growth and margin improvement initiatives driving positive financial results.
Despite challenges such as talc business divestiture plans and pricing dynamics, the company remains focused on debt repayment and achieving strong free cash flow guidance.
Opportunities in China market growth, cost-saving projects like NewYield, and potential acquisitions position MTX for continued success and financial strength in the future.

Minerals Technologies (MTX) reports record Q3 performance and growth opportunities

Minerals Technologies (MTX) delivered a strong Q3 performance with record sales and operating income, despite challenges from Barretts Minerals' Chapter 11 filing.
The company's focus on revenue stability, margin expansion, and new product development positions it well for future growth.
Analyst inquiries highlighted key areas of interest such as pricing strategies, margin targets, and potential acquisitions.
MTX's emphasis on operational excellence, sustainability, and employee engagement underpins its optimistic outlook for continued growth.

Minerals Technologies (MTX) achieves record Q4 performance and eyes sustainable growth

Minerals Technologies (MTX) reported a robust Q4 2023 performance with record sales and profitability metrics, driven by strong sales growth in key segments.
The company's focus on innovation, margin expansion, and cash flow generation for 2024 underscores a strategic approach to sustainable growth and operational excellence.
While facing challenges in managing inflation and balancing growth objectives, MTX is well-positioned to capitalize on opportunities in refractories, environmental solutions, and new product revenue streams.

Minerals Technologies (MTX) achieves record sales and income growth

Minerals Technologies (MTX) delivered a strong performance in Q1 2024, focusing on operational excellence and margin improvement. Despite challenges in certain segments, the company remains optimistic about market conditions and growth initiatives.

Minerals Technologies (MTX) reports record Q2 earnings and growth opportunities

Minerals Technologies (MTX) delivered strong financial performance in Q2 2024, with record operating income and earnings growth.
While facing challenges in certain segments, MTX's strategic focus on higher-margin products and operational excellence is driving progress.
With positive end market trends and strong cash flow, MTX is well-positioned to capitalize on growth opportunities and navigate market conditions.

Minerals Technologies (MTX) reports record Q3 earnings amidst market challenges

Minerals Technologies (MTX) delivered a record quarter with strong financial performance, driven by growth in consumer-based businesses and operational excellence.
While facing challenges in the industrial market, MTX showcased resilience and strategic focus on sustainable growth and innovation.
The company's capital allocation strategy, progress in growth strategies, and focus on cost efficiencies position MTX well for future opportunities and value creation.

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Minerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the Consumer and Specialties and Engineered Solutions segments. The Consumer and Specialties segment serves consumer end markets directly and provides mineral-based solutions and technologies that are essential to customers’ products. The Engineered Solutions segment combines all engineered systems, mineral blends, and technologies that are designed to aid in customer processes and projects. The company was founded on February 19, 1968 and is headquartered in New York, NY.

NEW YORK, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its fourth quarter ended December 31, 2022, on Thursday, February 2, 2023, after the market close. The Company will host a conference call on Friday, February 3, 2023, at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces Fourth Quarter 2022 Conference Call

NEW YORK, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE:MTX) (“MTI” or “the Company”) announced today that Erik Aldag, Director, Investor Relations, Financial Planning & Analysis, has been promoted to Senior Vice President, Finance and Treasury, and Chief Financial Officer succeeding Matthew Garth, who is leaving MTI to pursue another opportunity. Mr. Aldag joined MTI in 2017 as Director, Financial Planning & Analysis and assumed the additional responsibility for Investor Relations in 2020. In his new role, Mr. Aldag will serve as an officer of the company and a member of the executive management committee.

Erik Aldag Named Chief Financial Officer, Minerals Technologies Inc.

Minerals Technologies Inc. (NYSE:MTX ) Q3 2022 Earnings Conference Call October 28, 2022 11:00 AM ET Company Participants Erik Aldag - Head, Investor Relations Doug Dietrich - Chairman & Chief Executive Officer Matt Garth - Chief Financial Officer D.J. Monagle - Group President Andrew Jones - Vice President & Managing Director, Energy Services Conference Call Participants Daniel Moore - CJS Securities Mike Harrison - Seaport Research Partners David Silver - CL King Operator Good day everyone and welcome to the Third Quarter 2022 Minerals Technologies Earnings Call.

Minerals Technologies Inc. (MTX) Q3 2022 Earnings Call Transcript

Minerals Technologies (MTX) delivered earnings and revenue surprises of -2.17% and 2.01%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Minerals Technologies (MTX) Q3 Earnings Lag Estimates

Minerals Technologies Reports Third Quarter 2022 Earnings Per Share of $0.41, or $1.35 Excluding Special Items

Minerals Technologies (MTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Minerals Technologies (MTX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its third quarter ended October 2, 2022, on Thursday, October 27, 2022, after the market close. The Company will host a conference call on Friday, October 28, 2022, at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces Third Quarter 2022 Conference Call

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Minerals Technologies Inc. (NYSE:MTX ) Q2 2022 Results Conference Call July 29, 2022 11:00 AM ET Company Participants Erik Aldag - Head, IR Doug Dietrich - Chairman, CEO Matt Garth - CFO Jonathan Hastings - Group President, Performance Materials Conference Call Participants Daniel Moore - CJS Securities Mike Harrison - Seaport Research Partners Steve Ferazani - Sidoti Operator Good day, everyone, and welcome to the Second Quarter 2022 Minerals Technologies Earnings Call. Today's call is being recorded.

Minerals Technologies Inc. (MTX) CEO Doug Dietrich on Q2 2022 Results - Earnings Call Transcript

Minerals Technologies (MTX) delivered earnings and revenue surprises of 2.74% and 5.34%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Minerals Technologies (MTX) Surpasses Q2 Earnings and Revenue Estimates

Minerals Technologies Reports Second Quarter 2022 Earnings Per Share of $1.36, or $1.50 Excluding Special Items, a Record Quarter for the Company

Minerals Technologies Publishes 2021 Corporate Responsibility and Sustainability Report

NEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its second quarter ended July 3, 2022 on Thursday, July 28, 2022 after the market close. The Company will host a conference call on Friday, July 29, 2022 at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces Second Quarter 2022 Conference Call

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that Rocky Motwani has been elected to its Board of Directors.

Minerals Technologies Elects Rocky Motwani to Its Board of Directors

Let's see if Minerals Technologies (MTX) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Consider Minerals Technologies (MTX)?

Minerals Technologies Inc. (NYSE:MTX ) Q1 2022 Earnings Conference Call April 29, 2022 11:00 AM ET Company Participants Erik Aldag - Head of Investor Relations Doug Dietrich - Chairman & Chief Executive Officer Matt Garth - Chief Financial Officer Brett Argirakis - Vice President & Managing Director, Minteq International Inc Jonathan Hastings - Group President, Performance Materials Conference Call Participants Daniel Moore - CJS Securities. Mike Harrison - Seaport Research Partners Silke Kueck - JP Morgan David Silver - CL King Operator Good day everyone, and welcome to the First Quarter 2022 Minerals Technologies Earnings Call.

Minerals Technologies Inc. (MTX) CEO Doug Dietrich on Q1 2022 Results - Earnings Call Transcript

Minerals Technologies (MTX) delivered earnings and revenue surprises of 8.80% and 1.16%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Minerals Technologies (MTX) Beats Q1 Earnings and Revenue Estimates

Minerals Technologies Reports First Quarter 2022 Earnings Per Share of $1.33, or $1.36 Excluding Special Items, a Record Quarter for the Company

Minerals Technologies (MTX) Reports Next Week: Wall Street Expects Earnings Growth

NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) --  Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its first quarter ended April 3, 2022 on Thursday, April 28, 2022 after the market close. The Company will host a conference call on Friday, April 29, 2022 at 11:00 a.m. Eastern Time to discuss these results.

Minerals Technologies Announces First Quarter 2022 Conference Call

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Minerals Technologies (MTX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

After Plunging 10.8% in 4 Weeks, Here's Why the Trend Might Reverse for Minerals Technologies (MTX)

Minerals Technologies Inc.'s (MTX) CEO Doug Dietrich on Q4 2021 Results - Earnings Call Transcript

Minerals Technologies (MTX) delivered earnings and revenue surprises of 3.31% and 4.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Minerals Technologies (MTX) Beats Q4 Earnings Estimates

Company Reports Full Year 2021 Earnings of $4.86 Per Share, or $5.02 Per Share, Excluding Special Items, a Record Year for the Company Company Reports Full Year 2021 Earnings of $4.86 Per Share, or $5.02 Per Share, Excluding Special Items, a Record Year for the Company

News for Minerals Technologies Stock (MTX)