Cabot Corporation (CBT) recorded a profit of $137 million or $2.43 per share for the fourth quarter of fiscal 2024 (ended Sept. 30, 2024) compared with $234 million or $4.10 in the year-ago quarter. Barring one-time items, adjusted earnings per share (EPS) were $1.80 in the reported quarter, up from $1.65 in the year-ago quarter. The figure, however, missed the Zacks Consensus Estimate of $1.82. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Net sales increased around 3.7% year over ...

Cabot Corporation (NYSE:CBT) Q4 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Steve Delahunt - Vice President, Treasurer & Investor Relations Sean Keohane - Chief Executive Officer & President Erica McLaughlin - Executive Vice President & Chief Financial Officer Conference Call Participants John Roberts - Mizuho Chris Perrella - UBS Jeff Zekauskas - JPMorgan Dan Rizzo - Jefferies Operator Good day, everyone, and thank you for standing by. Welcome to the Fourth Quarter 2024 C ...

CABOT EARNINGS TELECONFERENCE Fourth Quarter - Fiscal 2024 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 fiscal 2025, including our expectations for performance and growth in our businesses and for adjusted earnings per share in fiscal year 2025, our expectations for operating cash flow for fiscal 2025 and our capital allocation prior ...

Cabot (CBT) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.10%. A quarter ago, it was expected that this chemical company would post earnings of $1.74 per share when it actually produced earnings of $1.92, delivering a surprise of 10.34%.Over the last four quarters, the company ha ...

Exhibit 99.1 Investor Contact: Steve Delahunt (617) 342-6255 CABOT CORP REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS Fourth Quarter 2024 Diluted earnings per share ("EPS") of $2.43 and Adjusted EPS of $1.80 Fiscal Year 2024 Diluted EPS of $6.72 and Adjusted EPS of $7.06 BOSTON (November 4, 2024)-- Cabot Corporation (NYSE: CBT) today announced results for its fourth quarter and fiscal year 2024. Fiscal Year Highlights Fiscal year Diluted EPS of $6.72 and Adjusted EPS of $7.06, which represents a 31% i ...

Investors interested in stocks from the Chemical - Diversified sector have probably already heard of Cabot (CBT) and Air Products and Chemicals (APD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings ...

The Zacks Chemicals Diversified industry is plagued by sluggish demand in certain markets, including consumer durables and building & construction, and some residual impacts of consumer inventory destocking. Lower consumer spending due to inflationary pressures in Europe and a slow recovery in China are impacting demand. Industry players like DuPont de Nemours, Inc. (DD) , FMC Corporation (FMC) and Cabot Corporation (CBT) are banking on strategic measures, including operating cost reductions and aggressive ...

Cabot Corporation's (CBT) shares have popped around 23% over the past three months. The rally has been fueled by CBT's strong earnings performance, upward revisions to earnings guidance and robust performance across its business segments. We are positive about the company's prospects and believe that the time is right for you to add the stock to your portfolio as it looks promising and is poised to carry the momentum ahead. Let's take a look into the factors that make CBT stock a compelling choice for inves ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Cabot Corporation's (CBT) shares have increased 16.1% in the past three months compared with the industry and the S&P 500's growth of 5% and 4.8%, respectively. Image Source: Zacks Investment Research Let's look at the factors driving the stock's price appreciation. What's Driving Cabot Stock? Cabot's Performance Chemicals division experienced strong growth in the fiscal third quarter, with sales rising 8.1% year over year to $332 million. The segment's EBIT saw an impressive 72% jump to $55 million, fueled ...