Minerals Technologies (MTX) Misses Q4 EPS by 53c
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Minerals Technologies Reports Fourth Quarter 2022 Earnings of $0.62 Per Share, or $0.67 Per Share, Excluding Special Items
February 2, 2023 5:01 PM EST----------Company Reports Full Year 2022 Earnings of $3.73 Per Share,or $4.88 Per Share, Excluding Special Items----------Company Announces Reorganization and New Segmentation for 2023----------
Fourth Quarter Highlights:
Sales of $508 Million, 6 Percent Above Prior YearSales Volumes and Operational Cost Impacted by COVID Shutdowns in China and Severe Weather in Western U.S.Higher Inflation, Primarily in EuropeFull Year Highlights:
Record Sales of $2.13 Billion, 14 percent Above Prior YearPrice Increases of $210 Million Offset Inflation of $191 MillionCompleted $75... More