Latest news with #MineralsTechnologies
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3 days ago
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Minerals Technologies Second Quarter 2025 Earnings: EPS Beats Expectations
Minerals Technologies (NYSE:MTX) Second Quarter 2025 Results Key Financial Results Revenue: US$528.9m (down 2.3% from 2Q 2024). Net income: US$45.4m (up 131% from 2Q 2024). Profit margin: 8.6% (up from 3.6% in 2Q 2024). EPS: US$1.44 (up from US$0.61 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Minerals Technologies EPS Beats Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Chemicals industry in the US. Performance of the American Chemicals industry. The company's shares are up 15% from a week ago. Risk Analysis It is worth noting though that we have found 2 warning signs for Minerals Technologies that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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3 days ago
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Minerals Technologies Inc (MTX) Q2 2025 Earnings Call Highlights: Strong Growth Amid Market ...
Earnings Per Share (EPS): $1.55, up 36% from Q1. Revenue: $529 million, up 8% sequentially. Operating Income: $79 million, up 25% sequentially. Operating Margin: 14.9%, up 200 basis points from Q1. Cash Conversion: In line with historical average of around 7% of sales. Shareholder Returns: $22 million returned to shareholders in Q2. Consumer & Specialty Sales: $278 million, up 4% sequentially. Engineered Solutions Sales: $251 million, up 12% sequentially. Free Cash Flow: $34 million in Q2. Capital Expenditures (CapEx): $29 million in Q2; projected $100 million for the full year. Total Liquidity: Nearly $700 million at the end of Q2. Net Leverage Ratio: 1.7 times EBITDA. Warning! GuruFocus has detected 3 Warning Signs with SBSI. Release Date: July 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Minerals Technologies Inc (NYSE:MTX) reported a strong second quarter with EPS of $1.55, up 36% from Q1. Sales increased by 8% sequentially to $529 million, driven by higher volumes and favorable pricing. The company achieved a significant operating income increase of 25% sequentially, reaching $79 million. Strong cash conversion was maintained, aligning with historical averages, and $22 million was returned to shareholders. The company is executing several growth initiatives, including new capacity expansions for high-demand products, expected to support $100 million in revenue growth. Negative Points The North America cat litter market has been slower, leading to increased competitive dynamics and promotional activities. The paper market in North America is relatively flat, and Europe remains weak, impacting the Specialty Additives product line. The European steel market remains weak, affecting the High-Temperature Technologies segment. The commercial construction and environmental lining markets have stabilized but have not seen the initiation of several planned large projects. Higher tariff costs are expected to impact the third quarter, with $1.5 million in additional costs anticipated. Q & A Highlights Q: Can you provide more details on the Household & Personal Care segment, particularly regarding volume trends and expectations for growth? A: Douglas Dietrich, CEO, explained that while smaller products like Aviation, Natural Oil Purification, and Animal Health are growing at double-digit rates, the Pet Care market has been slower due to competitive dynamics and discounting. D.J. Monagle, Group President - Consumer & Specialties, added that the Pet Care market saw a 2% drop, particularly affecting the private label sector. However, they are working on brand refreshes and promotions to improve growth, and expect better performance as new facilities come online in Asia. Q: What drove the better-than-expected operating income in the Engineered Solutions segment for Q2, and what should we expect for Q3? A: Erik Aldag, CFO, noted strong productivity and effective supply chain management as key drivers for the better-than-expected margins in Q2. For Q3, while there is potential upside, they are cautious due to macroeconomic uncertainties and higher tariff costs. Douglas Dietrich added that the segment's strategy, including high-tech solutions and new formulations, supports long-term margin expansion. Q: With a strong balance sheet, what is your capacity and appetite for larger acquisitions? A: Douglas Dietrich stated that M&A is a key part of their growth strategy, with the balance sheet in good shape to pursue opportunities. They are considering both larger acquisitions and bolt-ons that align with their strategic goals, particularly in high-margin consumer products. Q: Can you provide an update on the schedule for new PCC satellites and NewYield facilities? A: D.J. Monagle outlined that three new satellites and one expansion are set to come online in the next seven to eight months, including facilities in India and China. These projects will support growth in packaging and sustainable products. Q: What is the outlook for steel production and MINSCAN system penetration in the US and Europe? A: Brett Argirakis, Group President - Engineered Solutions, reported stable US steel production with high capacity utilization, while Europe remains weak. They have installed 17 MINSCAN systems to date, with plans to expand in Europe and Japan, indicating a strong runway for further penetration. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
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5 days ago
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Minerals Technologies (MTX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2025, Minerals Technologies (MTX) reported revenue of $528.9 million, down 2.3% over the same period last year. EPS came in at $1.55, compared to $1.65 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $531.8 million, representing a surprise of -0.55%. The company delivered an EPS surprise of +8.39%, with the consensus EPS estimate being $1.43. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Minerals Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Engineered Solutions: $251.2 million versus the two-analyst average estimate of $249.85 million. The reported number represents a year-over-year change of -2.2%. Net Sales- Consumer & Specialties: $277.7 million versus the two-analyst average estimate of $281.95 million. The reported number represents a year-over-year change of -2.3%. Operating Income- Engineered Solutions Segment: $46.8 million versus $40.5 million estimated by two analysts on average. Operating Income- Consumer & Specialties: $34 million versus the two-analyst average estimate of $37.2 million. View all Key Company Metrics for Minerals Technologies here>>> Shares of Minerals Technologies have returned +10.5% over the past month versus the Zacks S&P 500 composite's +5.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Minerals Technologies Inc. (MTX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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5 days ago
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Minerals Technologies (MTX) Beats Q2 Earnings Estimates
Minerals Technologies (MTX) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +8.39%. A quarter ago, it was expected that this maker of mineral, mineral-based and synthetic mineral products would post earnings of $1.16 per share when it actually produced earnings of $1.14, delivering a surprise of -1.72%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Minerals Technologies, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $528.9 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.55%. This compares to year-ago revenues of $541.2 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Minerals Technologies shares have lost about 21.1% since the beginning of the year versus the S&P 500's gain of 8.1%. What's Next for Minerals Technologies? While Minerals Technologies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Minerals Technologies was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.64 on $542.05 million in revenues for the coming quarter and $5.77 on $2.11 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Linde (LIN), another stock in the same industry, has yet to report results for the quarter ended June 2025. The results are expected to be released on August 1. This gas supplier is expected to post quarterly earnings of $4.03 per share in its upcoming report, which represents a year-over-year change of +4.7%. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. Linde's revenues are expected to be $8.35 billion, up 1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Minerals Technologies Inc. (MTX) : Free Stock Analysis Report Linde PLC (LIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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7 days ago
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Minerals Technologies Inc. Releases 2024 Sustainability Report
--- Achieved 11 out of 12 environmental targets a year ahead of goal --- --- Reduced Scope 1 emissions by 14% and Scope 2 emissions by 10% year over year --- --- Delivered world-class safety performance --- --- 66% of new products have a sustainable profile --- NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) ('MTI'), a leading, technology-driven specialty minerals company, today announced the publication of its 17th annual Sustainability Report to highlight its environmental, safety, and community achievements. 'Sustainable operations have never been a nice-to-have for MTI – they are a must-have. This ethos has underpinned how we manage our sites, interact with our people, and develop new products,' said Douglas T. Dietrich, Chairman and Chief Executive Officer. 'I am incredibly proud of our progress, including surpassing nearly all of our environmental targets, our employees' dedication to supporting their communities and ensuring workplace safety, and the large portfolio of innovative solutions we develop to help our customers meet their own sustainability goals. This is a win-win for MTI's continued growth, our customers, and the planet.' Sustainability Report Highlights In 2024, we: Delivered a world-class safety performance, as defined by the U.S. Occupational Safety and Health Administration (OSHA), with a total recordable injury rate of 0.77 and lost workday injury rate of 0.15; Achieved 11 out of 12 of the company's environmental goals, which were set in 2018, one year ahead of the 2025 target year; Reduced Scope 1 emissions by 14% year over year, or 32% since 2018, including a ~70% reduction in coal usage; Reduced Scope 2 emissions by 10% year over year, or 36% since 2018; Continued to reduce water usage with a 4% decrease in water withdrawn year over year, or 30% since 2018, and a 13% decrease in water discharge year over year, or 52% since 2018; Extracted over 1.1 million metric tons of waste CO2 from customers' and MTI exhaust stacks and sequestered those emissions in usable consumer products; Deployed AI-enabled technology in our mining operations, enhancing operational safety and sustainability; and Supported customers in achieving their environmental and operational goals, with 66% of MTI's new products having a sustainable profile ranging from natural solutions to emissions and waste reduction, to pollution prevention, to filtration and mitigation products. In addition, MTI's employees worldwide participated in an array of community engagement projects including fundraisers, book donations, beach and neighborhood clean-ups, and water filtration unit installations in underserved communities. The full Sustainability Report is available on MTI's website at About Minerals Technologies Inc. Minerals Technologies Inc. is a leading, technology-driven specialty minerals company that develops, produces, and markets a broad range of mineral and mineral-based products, related systems, and services. MTI globally serves a wide range of consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental. The company reported global sales of $2.1 billion in 2024. For further information, please visit our website at Investor Relations ContactLydia Media ContactStephanie in to access your portfolio
