earnings
confidence high
sentiment positive
materiality 0.80
Cabot Q4 Adj EPS $1.80 beats; FY2024 Adj EPS $7.06 (+31% YoY); guides FY2025 $7.40-$7.80
CABOT CORP
2024-FY EPS reported
$6.72
revenue$3,994,000,000
- Q4 diluted EPS $2.43, Adjusted EPS $1.80 (+9% YoY); revenue $1,001M vs $965M prior year.
- FY2024 Adjusted EPS $7.06 (+31% YoY); segment EBIT up 11% in Reinforcement Materials and 31% in Performance Chemicals.
- FY2024 operating cash flow $692M; returned $172M in share repurchases and $93M in dividends.
- Selected by DOE for $50M award to build first commercial-scale battery-grade CNT and dispersions facility in US.
- FY2025 Adjusted EPS guidance range $7.40-$7.80; operating tax rate expected 27%-29%.