secwatch.observer — SEC 8-K summary
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Issuer:     CABOT CORP (CBT)
CIK:        0000016040
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000950170-24-053634
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cabot Q2 FY2024 Adj EPS $1.78 beats prior year by 34%; raises FY guidance and dividend
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- Diluted EPS $1.49, Adjusted EPS $1.78 (up 34% YoY); Reinforcement Materials EBIT $149M (+22%).
- Performance Chemicals EBIT $31M (+11% YoY) on 6% higher volumes; cash from ops $176M.
- Increased quarterly dividend 8% from $0.40 to $0.43 per share.
- Raised FY2024 Adjusted EPS guidance to $6.65-$6.85 from prior $6.30-$6.80.
- Returned $47M to shareholders via dividends ($23M) and buybacks ($24M) in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16040/000095017024053634/0000950170-24-053634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16040/000095017024053634/cbt-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-053634

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer