AI brief of an SEC Form 8-K · Minerals Technologies (MTX)

Minerals Technologies Q3 profit rebounds to $1.45 per share; sales down 4%

Mixed Impact 4 of 5 earnings Written later

Minerals Technologies reported third-quarter 2024 diluted EPS of $1.45, compared with a loss of $0.59 a year earlier, on net sales of $525 million, down 4% as reported. Excluding special items, EPS was $1.51, a third-quarter record for the company. Shareholders also get a new $200 million share repurchase program and a 10% dividend increase, while sales declined.

Key points

  • Diluted EPS of $1.45 versus a loss of $0.59 in Q3 2023; $1.51 excluding special items, a third-quarter record
  • Net sales of $525 million, down 4% as reported and 2% on an underlying basis; reported operating income of $77 million versus a loss of $7.9 million a year earlier
  • New $200 million share repurchase program announced; previous $75 million program completed
  • Quarterly dividend raised 10% to $0.11 per share, payable December 5, 2024, to holders of record on October 31, 2024

The filing

CompanyMinerals Technologies (MTX)
Form8-K, current report
Filed with the SECOct 24, 2024, 5:04 PM ET
Accession number0000891014-24-000114

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 24, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.