secwatch.observer — SEC 8-K summary
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Issuer:     MINERALS TECHNOLOGIES INC (MTX)
CIK:        0000891014
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000891014-24-000086
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Minerals Technologies reports record adjusted EPS of $1.65 in Q2 2024, up 26% YoY
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- Record adjusted EPS $1.65 (+26% YoY); GAAP EPS $0.61 includes $34.2M special items.
- Revenue $541M, down 2% as reported but up 1% underlying; operating margin 15.7%.
- Consumer & Specialties segment sales $284M (+3% underlying); operating margin 15.4% (+370 bps).
- Engineered Solutions sales $257M (-2%); operating margin 17.4% (+270 bps) on high-temperature tech.
- Record $30M provision for committed line of credit to BMI OldCo bankruptcy; 16th sustainability report released.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891014/000089101424000086/0000891014-24-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891014/000089101424000086/form8k_0725.htm
  HTML page:      https://secwatch.observer/filing/0000891014-24-000086

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