earnings
confidence high
sentiment positive
materiality 0.75
Cabot Corp Q3 FY2024 Adj EPS $1.92 (+35% YoY); raises FY guidance to $7.00-$7.10
CABOT CORP
2024-Q3 EPS reported
$4.30
revenue$2,993,000,000
- Adjusted EPS $1.92 vs $1.42 prior year (+35%); GAAP EPS $1.94.
- Reinforcement Materials EBIT $136M (+3% YoY); Performance Chemicals EBIT $55M (+72%).
- Net sales $1,016M vs $968M prior year (+5% YoY).
- FY2024 adj EPS guidance raised to $7.00-$7.10 from $6.65-$6.85.
- Operating cash flow $207M; returned $73M to shareholders via dividends and buybacks.