Minerals Technologies Q3 swings to net profit of $43.8 million from prior-quarter loss
MTX•Minerals Technologies reported third-quarter net profit of $43.8 million, earnings of $1.37 per share and year-over-year sales growth to $554.9 million. It raised its quarterly dividend 8% to $0.13 per share.
1. Quarterly results
Minerals Technologies reported third-quarter earnings of $1.37 per share and net sales of $554.9 million, up year over year. Consumer & Specialties operating income fell 34% year over year to $24.8 million, primarily due to higher energy, transportation and raw material costs. The company also said its quarterly dividend increased 8% to $0.13 per share, payable December 3, 2026.
