earnings
confidence high
sentiment neutral
materiality 0.75
MTX reports Q2 adjusted EPS $1.60 (+3% YoY); $290M talc charge drives GAAP loss
MINERALS TECHNOLOGIES INC
- Sales $548M (+4% YoY); first-half sales $1.1B (+7% YoY).
- Reported operating loss $220M includes $290M charge for talc trust; adjusted operating income $75M.
- Consumer & Specialties segment sales $275M (-1% YoY); Engineered Solutions $274M (+9% YoY).
- Adjusted net leverage 1.6x; year-to-date cash flow significantly above prior year.
- Investor Day scheduled for September 22, 2026 at Bethlehem R&D facility.