Minerals Technologies reports Q2 EPS $1.44, consensus $1.41

Reports Q2 revenue $528.9M, consensus $530.37M. “This was a strong quarter for us, both on a standalone and on a historical basis, with earnings near record levels despite recent market uncertainties. Our ability to generate these results amid changing end market conditions and fluctuating customer order patterns demonstrates the high-level operating culture of this company,” said Douglas Dietrich, chairman and CEO. “The significant sales improvement we observed late in the first quarter continued through the second quarter and this momentum, combined with the ramp-up of several of our growth initiatives, positions us well to deliver a stronger second half of the year.”