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MTX Earning Date, Transcript Summary & Report

Minerals Technologies Inc
$
67.420
+0.890(+1.340%)

MTX Earnings Prediction

The chart below shows how MTX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MTX sees a -2.95% change in stock price 10 days leading up to the earnings, and a +0.37% change 10 days following the report. On the earnings day itself, the stock moves by +0.72%. This data can give you a slight idea of what to expect for the next quarter's release.

MTX Key Earning Data

2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
518.10M
-1.22%
-1.26%
Gross Margin
25.61%
7.20%
-0.62%
Operating Margin
14.32%
8.57%
-5.10%
Net Margin
10.56%
36.08%
16.17%
EPS
1.69
38.52%
16.55%
No Data Available

MTX Earnings Analysis

Minerals Technologies Inc Corporation (MTX.N) Earnings Conference Call

Positive

  • Quarterly Operating Income Record: Record operating income achieved for the fourth consecutive quarter, totaling $316 million for the full year, reflecting a 13% increase year-over-year.

  • EBITDA Performance Improvement: Full-year EBITDA reached over $400 million, representing 19.2% of sales, an increase of 210 basis points compared to the previous year.

  • Record Earnings per Share: Earnings per share for the full year were a record $6.15, marking an 18% increase over the prior year, with a compound growth rate of 8% over the last five years.

  • Operating Margin Improvement: Operating margin improved to 15% for the year, surpassing the target set for 2025, driven by disciplined pricing and cost management.

  • Shareholder Returns Enhancement: Shareholder returns increased with a completed $75 million share buyback program and a 10% increase in dividends, alongside the authorization of a new $200 million share repurchase program.

Negative

  • Fourth-Quarter Sales Decline: Fourth-quarter sales were $518 million, slightly below the prior year driven by specialty additives, indicating a decline in demand in this segment.

  • Engineered Solutions Sales Decline: Sales in the Engineered Solutions segment saw further softening in the fourth quarter, particularly in the steel and foundry markets, which negatively impacted overall sales performance.

  • Steel Utilization Decline: Steel utilization rates in the US dropped to as low as 72% in the fourth quarter, down from 80% in the third quarter, reflecting a significant decline in market activity.

  • Sales Decline in Construction: Full-year sales for environmental and infrastructure were 8% lower, indicating persistent weakness in commercial construction and environmental lining applications throughout the year.

  • Sales Forecast and Challenges: First-quarter sales are expected to be around $500 million, with a projected 5% decrease in Engineered Solutions sales due to a slow start and cautious customer inventory management.

Key Financial Performance iconKey Financial Performance
Operating Highlights iconOperating Highlights
Risks or Challenges iconRisks or Challenges
Strategic Initiatives & Outlook iconStrategic Initiatives & Outlook
Shareholder Return Plan iconShareholder Return Plan

MTX FAQs

How does MTX typically perform around its earnings report dates?

MTX's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -2.95% change leading up to the report and a +0.37% change in the 10 days following the release.

Is Minerals Technologies Inc (MTX) Q4 2024 Earnings Call Summary positive or negative?

How can historical earnings data help predict future stock performance?

MTX Earnings Deck

Minerals Technologies Inc. (NYSE:MTX) Q4 2024 Earnings Call Transcript

MTX Earning Call Sentiment

Minerals Technologies Inc. (NYSE:MTX) Q4 2024 Earnings Call Transcript

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MTX.N

1.34%
Positive
The earnings call summary shows strong financial performance with increased EPS, operating income, and gross margin. Positive developments include a 10% dividend increase, a new share repurchase program, and significant shareholder returns. Despite some market challenges and uncertainties, management remains optimistic about future growth and margin improvements. The Q&A section highlights potential growth in Consumer and Specialties, and management's confidence in maintaining margins. Given the company's market cap, these factors suggest a positive stock price movement of 2% to 8% over the next two weeks.