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Stock impact report

Minerals Technologies Provides COVID-19 Business Update

Minerals Technologies Inc. (MTX) 
Last minerals technologies inc. earnings: 4/30 05:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, April 08, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced business and financial updates in response to the coronavirus (COVID-19) global pandemic. Preliminary First Quarter 2020 Financial ResultsMTI expects first quarter 2020 earnings per share to be above the high-end of the outlook range of $0.90 to $0.95 per share provided on its most recent earnings call on January 31, 2020. The first quarter results include an impact from the COVID-19 pandemic, primarily in China. The current economic environment related to the rapidly evolving pandemic in North America and Europe, which is slowing business activity in several key end-markets, is expected to impact MTI’s second quarter results. MTI is closely monitoring the effect of the pandemic on its operations, customers and markets and will provide a more detailed update on its first quarter earnings conference call. COVID-19 ResponseAs COVID-19 began to impact operatio Show less Read more
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