While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has Cabot (CBT) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question. Cabot is one of 236 individual stocks in the Basic Materials sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, meas ...

Have you been paying attention to shares of Cabot (CBT) ? Shares have been on the move with the stock up 7% over the past month. The stock hit a new 52-week high of $103.57 in the previous session. Cabot has gained 15.7% since the start of the year compared to the -8.9% move for the Zacks Basic Materials sector and the -6.2% return for the Zacks Chemical - Diversified industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our earni ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-5667 Cabot Corporation (Exact name of registrant as specified in its charter) Delaware 04-2271897 (State or other jurisdiction of incorporation ...

Financial Data and Key Metrics Changes - Adjusted earnings per share increased by 35% to $1.92 compared to the same period in fiscal 2023 [4][12] - Operating cash flow was strong at $207 million, with discretionary free cash flow of $128 million in Q3 [6][12] - The company ended the quarter with a cash balance of $197 million and a liquidity position of approximately $1.4 billion [13] Business Segment Data and Key Metrics Changes - EBIT in the Reinforcement Materials segment grew 3% year-over-year to $136 million, driven by higher pricing and improved product mix [5][14] - In the Performance Chemicals segment, EBIT increased by 72% year-over-year, supported by strong volume growth and a return to a more normalized product mix [5][16] Market Data and Key Metrics Changes - Global volumes in Reinforcement Materials were up 4% year-over-year, with 9% growth in Asia Pacific and Europe, while volumes in the Americas declined by 4% due to weather-related events [14][15] - The company noted robust demand in key end markets in China, including tires and automotive, despite a slower overall economic growth rate [21][22] Company Strategy and Development Direction - The company is focused on generating strong levels of discretionary free cash flow and maintaining a balanced capital allocation framework [10][11] - The management team is committed to high confidence, high return growth investments, including organic growth projects and potential bolt-on acquisitions [11] - The company plans to discuss its strategy and long-term financial targets at the upcoming Investor Day on December 4 [19][43] Management's Comments on Operating Environment and Future Outlook - Management raised the full-year outlook for adjusted earnings per share to a range of $7 to $7.10, reflecting strong commercial and operational execution [17][18] - The outlook for cash flow remains strong, sufficient to fund growth investments and return cash to shareholders [18] - Management expressed cautious optimism regarding the Chinese economy, noting stabilization but lower growth compared to historical levels [21][22] Other Important Information - The company achieved a platinum rating from EcoVadis for sustainability for the fourth consecutive year, placing it among the top 1% of companies assessed [6][8] - The company launched new sustainable products, including the REPLASBLAK universal circular black masterbatches [9] Q&A Session Summary Question: How far along are you on your rubber black contract discussions for next year? - Management indicated that contract negotiations are progressing consistent with historical patterns, beginning in late summer [20] Question: What is your read on the Chinese economy? - Management noted that the Chinese economy appears stabilized but at a lower growth level, with robust demand in key markets like tires and automotive [21][22] Question: What did the Altamira force majeure cost you in Q3? - The impact of weather events, including Altamira and flooding in Brazil, was approximately $5 million in the quarter [23] Question: Have you seen any material change in buying behavior post July 1 regarding Russian imports of carbon black into Europe? - Management confirmed a shortage of carbon black in the region due to sanctions, driving strong demand for local supply [24][25] Question: What is the level of earnings you are willing to underwrite moving forward? - Management expects quarterly EBIT in the Performance Chemicals segment to be in the range of $45 million to $55 million, depending on various factors [31] Question: How is the building and construction market affecting your fumed silica business? - Management stated that the building and construction market remains stable without significant improvement [32][33] Question: Are there any possible tariffs that might affect you regarding tires from China or other offshore areas? - Management noted existing tariffs on Chinese tires and the potential for more anti-dumping duties due to elevated import levels [39][40]

CABOT EARNINGS TELECONFERENCE Third 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 2024, including for adjusted EPS and the expected performance of our business segments for the remainder of fiscal 2024, for strong cash flows from operations and discretionary free cash flow in fiscal 2024 and our anticipate ...

Cabot Corporation (CBT) recorded third-quarter fiscal 2024 (ended Jun 30, 2024) earnings of $1.94 per share, up from the year-ago quarter's $1.43. CBT posted adjusted earnings of $1.92 per share, up from the year-ago quarter's figure of $1.42. Adjusted earnings beat the Zacks Consensus Estimate of $1.74. The company's net sales in the quarter were $1,016 million, which beat the Zacks Consensus Estimate of $1,010.1 million. Net sales increased around 4.9% from the prior-year quarter. Segment Highlights Reinf ...

Exhibit 99.1 Investor Contact: Steve Delahunt (617) 342-6255 CABOT CORP REPORTS THIRD QUARTER FISCAL 2024 RESULTS Diluted earnings per share ("EPS") of $1.94 and Adjusted EPS of $1.92 BOSTON (August 5, 2024)-- Cabot Corporation (NYSE: CBT) today announced results for its third quarter of fiscal year 2024. Key Highlights Diluted EPS of $1.94 and Adjusted EPS of $1.92, which represents a 35% increase in Adjusted EPS as compared to the same quarter in the prior year Reinforcement Materials segment EBIT of $136 ...

Chicago, IL – July 19, 2024 – Today, Zacks Equity Research discusses Eastman Chemical Co. (EMN) , Cabot Corp. (CBT) and Kronos Worldwide, Inc. (KRO) . Link: https://www.zacks.com/commentary/2304134/3-diversified-chemical-stocks-to-escape-industryheadwinds Industry players like Eastman Chemical Co., Cabot Corp. and Kronos Worldwide, Inc. are banking on strategic measures, including operating cost reductions and aggressive price hikes, to tide over the challenging environment. The Zacks Chemicals Diversified ...

What's Shaping the Future of the Chemicals Diversified Industry? Slowdown in Europe and China a Concern: A slower recovery in economic activities in China, following the lifting of the restrictions related to the resurgence in COVID-19 infections, is hurting chemical demand in that country. Global industrial activities have been affected by a weaker demand recovery in China. The slowdown in Europe, resulting from the war in Ukraine and weaker consumer spending due to high levels of inflation and high intere ...