earnings
confidence high
sentiment negative
materiality 0.80
Minerals Technologies posts Q1 loss of $4.51/sh on $215M reserve for BMI OldCo Chapter 11
MINERALS TECHNOLOGIES INC
2025-Q1 EPS reported
-$4.51
revenue$491,800,000
- Net loss per diluted share of $4.51; operating loss $160M. Adjusted EPS $1.14, excluding $223M in special items.
- Worldwide net sales $492M, down 8% YoY; foreign exchange impact of 2%.
- Established $215M reserve for BMI OldCo Chapter 11 to resolve talc-related claims and fund litigation.
- Initiated $10M annualized cost savings program; recorded $5.5M severance charge in Q1.
- Consumer & Specialties segment sales down 10% to $268M; Engineered Solutions down 6% to $224M.