Quarterly ResultJul 30, 2026, 05:04 PM
Minerals Technologies Q2 Loss $5.90/Share; Adj. EPS $1.60
AI Summary
Minerals Technologies Inc. reported a Q2 2026 loss per share of $5.90, primarily due to a $290 million charge for talc-related litigation accrual. Excluding special items, adjusted earnings per share increased 3% to $1.60. The company's net sales grew 4% to $548 million in the quarter, with year-to-date sales up 7%, and it reported strong cash flow generation. Additionally, Minerals Technologies published its 18th Sustainability Report and announced an Investor Day for September 22, 2026.
Key Highlights
- Reported Q2 loss per share of $5.90 due to special items.
- Adjusted Q2 EPS was $1.60, a 3% increase over prior year.
- Net sales rose 4% to $548 million in Q2; year-to-date sales up 7%.
- Recorded a $290 million charge for talc-related litigation accrual.
- Engineered Solutions segment sales grew 9% to $274 million.
- Strong cash flow generation, significantly up year-to-date.
- Published 18th Sustainability Report with new 10-year environmental targets.
- Will host Investor Day on September 22, 2026.
Price Impact
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