CBT Stock Recent News
CBT LATEST HEADLINES
Cabot misses Q1 earnings and revenue estimates but demonstrates better results in EBIT and adjusted EPS metrics.
Cabot (CBT) came out with quarterly earnings of $1.76 per share, missing the Zacks Consensus Estimate of $1.80 per share. This compares to earnings of $1.56 per share a year ago.
BOSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) today announced results for its first quarter of fiscal year 2025. Key Highlights Diluted EPS of $1.67 and Adjusted EPS of $1.76 which represents a 13% increase in Adjusted EPS compared to the same quarter in the prior year Reinforcement Materials segment EBIT of $130 million; up 1% compared to the same quarter in the prior year Performance Chemicals segment EBIT of $45 million; up 32% compared to the same quarter in the prior year Cash Flows from Operations of $124 million in the first fiscal quarter supported the return of $66 million of cash to shareholders in the quarter Hosted Investor Day highlighting growth strategy and 3-Year financial targets (In millions, except per share amounts) Three Months Ended 12/31/24 12/31/23 Net sales and other operating revenues $ 955 $ 958 Net income (loss) attributable to Cabot Corporation $ 93 $ 50 Net earnings (loss) per share attributable to
Cabot Corporation had a recent 25% drop and bearish MACD crossover, signaling potential technical weakness. The Reinforcement Materials segment continues to drive growth, but recent EPS and revenue revisions indicate challenges ahead. Fiscal 2024 revenue growth was flat, contrasting with a 5-year average of 4.59%, raising concerns about sustaining double-digit EPS growth.
Cabot (CBT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BOSTON--(BUSINESS WIRE)--On Friday, January 10, 2025, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.43 per share on all outstanding shares of the Corporation's common stock. The dividend is payable on March 14, 2025, to stockholders of record at the close of business on February 28, 2025. About Cabot Corporation Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The.
BOSTON--(BUSINESS WIRE)--Cabot Corporation to Announce First Quarter 2025 Operating Results.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Cabot (CBT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
DuPont de Nemours, FMC and Cabot have been highlighted in this Industry Outlook article.