secwatch.observer — SEC 8-K summary
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Issuer:     MINERALS TECHNOLOGIES INC (MTX)
CIK:        0000891014
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000891014-24-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MTX posts record Q1 operating income of $77M excl. items, EPS $1.49
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- Diluted EPS $1.49 ex-items (reported $1.44); record operating income $77M, +23% YoY.
- Net sales $535M, +2% sequentially, slightly up YoY underlying; Consumer & Specialties +4% underlying.
- Consumer & Specialties op income $42M, +30% YoY; margin 14.1%, +330 bps.
- Engineered Solutions sales $238M -5% YoY, slow commercial construction; op income $39M +9% YoY, margin 16.2%.
- Cash flow from ops $56M, free cash flow $39M; repurchased $15M shares, repaid $13M debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891014/000089101424000036/0000891014-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891014/000089101424000036/form8k_0425.htm
  HTML page:      https://secwatch.observer/filing/0000891014-24-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer