CABOT EARNINGS TELECONFERENCE Second Quarter - Fiscal 2025 Forward Looking Statements This presentation contains forward-looking statements. All statements that address expectations or projections about the future, including with respect to our expectations for our performance in the third quarter of and fiscal year 2025, including our expectations for performance and growth in our businesses and for adjusted earnings per share ('EPS") and adjusted earnings before interest, taxes, depreciation and amortizat ...

Cabot (CBT) Q2 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Good day and thank you for standing by. Welcome to the Cabot Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Steve Della Hunt, Vice President, Treasurer and Investor ...

Exhibit 99.1 Investor Contact: Steve Delahunt (617) 342-6255 CABOT CORP REPORTS SECOND QUARTER FISCAL 2025 RESULTS Diluted earnings per share ("EPS") of $1.69 and Adjusted EPS of $1.90 BOSTON (May 5, 2025)-- Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2025. Key Highlights | (In millions, except per share amounts) | | Three Months Ended | | | Six Months Ended | | | --- | --- | --- | --- | --- | --- | --- | | | 3/31/25 | | 3/31/24 | 3/31/25 | | 3/31/24 | | Net s ...

Diluted earnings per share (“EPS”) of $1.69 and Adjusted EPS of $1.90BOSTON, May 05, 2025 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2025. Key Highlights Diluted EPS of $1.69 and Adjusted EPS of $1.90 which represents a 7% increase in Adjusted EPS compared to the same quarter in the prior year Reinforcement Materials segment EBIT of $131 million; up 1% sequentially; down 12% compared to the same quarter in the prior year Performance Chemi ...

BOSTON, May 05, 2025 (GLOBE NEWSWIRE) -- On Monday, May 5, 2025, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.45 per share, an increase of 5% compared to the current quarterly dividend of $0.43 per share, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 13, 2025, to stockholders of record at the close of business on May 30, 2025. "Today's announcement reflects the Board’s confidence in our consistent earnings performa ...

The market expects Cabot (CBT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 5, 2025, might help the stock move higher if these key numbers are better than ...

BOSTON, April 02, 2025 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE:CBT) announced today that it will release operating results for the second quarter of fiscal 2025 on Monday, May 5, 2025, after market close. The Company will host a conference call and live webcast to review the second quarter results beginning at 8:00 am (ET) on Tuesday, May 6, 2025. The call will be webcast by Notified and may be accessed at Cabot's website at https://cabotog.gcs-web.com/. If you are unable to participate during the live ...

Core Viewpoint - Cabot's recent earnings report shows mixed results, with net income increasing year-over-year but missing consensus estimates for both EPS and sales, leading to a decline in share price and a downward trend in estimates [2][3][8]. Financial Performance - Cabot reported a net income of $93 million or $1.67 per share for Q1 fiscal 2025, up from $50 million or $0.88 per share in the prior year [2]. - Adjusted EPS was $1.76, an increase from $1.56 year-over-year, but below the Zacks Consensus Estimate of $1.80 [2]. - Total sales were $955 million, missing the Zacks Consensus Estimate of $993 million and reflecting a year-over-year decline of approximately 0.3% [3]. Segment Highlights - Sales in the Reinforcement Materials segment decreased by 4.7% year-over-year to $611 million, missing the consensus estimate of $664.2 million [4]. - The Performance Chemicals unit saw a 9.1% increase in sales to $311 million, surpassing the Zacks Consensus Estimate of $296.1 million [5]. Financial Position - At the end of Q1, Cabot had a cash balance of $183 million, with cash flows from operating activities amounting to $124 million [6]. - Capital expenditures were $77 million, with $24 million allocated for dividends and $42 million for share repurchases during the quarter [6]. Outlook - Cabot anticipates adjusted EPS for fiscal 2025 to be between $7.40 and $7.80, considering business segment results and customer agreements [7]. - The company expects strong operating cash flow to support strategic growth investments and shareholder returns, while continuing its "Creating for Tomorrow" strategy [7]. - Estimates for the stock have trended downward, with a consensus estimate shift of -5.44% [8][11]. Investment Scores - Cabot has a Growth Score of A, a Momentum Score of C, and a Value Score of A, placing it in the top 20% for value investment strategy [10]. - The overall VGM Score is A, indicating strong potential across multiple investment strategies [10].

Group 1 - The article discusses the author's background as an equity research analyst and trader, emphasizing a blend of fundamental and technical analysis skills [1] - The author expresses a commitment to responsible investing and a willingness to explore diverse investment ideas, highlighting the dynamic nature of the investment industry [1] - The author notes a personal interest in various asset classes, including equities, currencies, and cryptocurrencies, indicating a broad investment perspective [1] Group 2 - The article includes a disclosure stating that the author has no current positions in the mentioned companies but may consider initiating a long position in the near future [1] - It clarifies that the opinions expressed are solely those of the author and do not represent the views of Seeking Alpha as a whole [2] - The article emphasizes that past performance is not indicative of future results, underscoring the inherent uncertainties in investment [2]

Financial Performance - In the first quarter of fiscal 2025, net sales and other operating revenues decreased by $3 million to $955 million compared to $958 million in the first quarter of fiscal 2024, primarily due to less favorable pricing and product mix [75]. - Gross profit increased by $17 million to $235 million in the first quarter of fiscal 2025, driven by higher volumes in both Reinforcement Materials and Performance Chemicals segments [76]. - Total segment EBIT rose to $175 million in the first quarter of fiscal 2025, compared to $163 million in the same period of fiscal 2024, reflecting improved operational performance [85]. - Net income attributable to Cabot Corporation increased to $93 million ($1.67 per diluted common share) in the first quarter of fiscal 2025, up from $50 million ($0.88 per diluted common share) in the first quarter of fiscal 2024 [83]. - Other income increased by $30 million in the first quarter of fiscal 2025, primarily due to lower foreign exchange losses in Argentina [79]. Expenses and Taxation - The effective tax rate for the first quarter of fiscal 2025 was 28%, with a provision for income taxes of $41 million, compared to a provision of $34 million in the same period of fiscal 2024 [79]. - Research and technical expenses decreased by $1 million to $14 million in the first quarter of fiscal 2025 compared to $15 million in the same period of fiscal 2024 [78]. - Selling and administrative expenses decreased by $1 million to $66 million in the first quarter of fiscal 2025 compared to $67 million in the same period of fiscal 2024 [77]. - Interest expense decreased by $4 million to $18 million in the first quarter of fiscal 2025, attributed to lower average short-term borrowings and interest rates [79]. - The company expects the operating tax rate for fiscal 2025 to be in the range of 27% to 29% [80]. Segment Performance - Reinforcement Materials sales decreased by $30 million to $611 million in Q1 fiscal 2025 compared to $641 million in Q1 fiscal 2024, primarily due to less favorable pricing and product mix [90]. - EBIT for Reinforcement Materials increased by $1 million to $130 million in Q1 fiscal 2025, driven by approximately 1% volume growth [91]. - Performance Chemicals sales increased by $26 million to $311 million in Q1 fiscal 2025, primarily due to higher volumes and favorable foreign currency translation [93]. - EBIT for Performance Chemicals increased by $11 million to $45 million in Q1 fiscal 2025, primarily due to 8% higher volumes [94]. Cash Flow and Investments - Cash provided by operating activities totaled $124 million in Q1 fiscal 2025, compared to $105 million in Q1 fiscal 2024 [103]. - Investing activities consumed $104 million in Q1 fiscal 2025, compared to $54 million in Q1 fiscal 2024, with $77 million allocated for capital expenditures [106]. - Capital expenditures for fiscal 2025 are expected to be between $250 million and $300 million for sustaining and growth-related projects [108]. - Liquidity position decreased by $118 million during the first three months of fiscal 2025, with cash and cash equivalents at $183 million and borrowing availability of $1.1 billion [97]. Future Outlook - The company anticipates modest sequential improvement in EBIT for both Reinforcement Materials and Performance Chemicals segments in Q2 fiscal 2025 [92][95]. - The company is assessing potential impacts from tariffs announced in February 2025, expecting minimal direct impact in China and Mexico [96].