secwatch.observer — SEC 8-K summary
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Issuer:     CABOT CORP (CBT)
CIK:        0000016040
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0001157523-24-000169
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cabot Q1 adjusted EPS $1.56, up 59% YoY; Reinforcement Materials EBIT up 37%
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- Adjusted EPS $1.56 vs $0.98 prior year; GAAP EPS $0.88 includes $0.68 in certain items.
- Reinforcement Materials EBIT $129M (+37% YoY) on higher pricing, mix, and 2% global volume growth.
- Performance Chemicals EBIT $34M (+17% YoY) driven by 10% higher volumes across product lines.
- FY2024 adjusted EPS guidance reaffirmed at $6.30-$6.80; midpoint implies 22% YoY growth.
- Operating cash flow $105M; returned $55M to shareholders ($22M dividends, $33M buybacks).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16040/000115752324000169/0001157523-24-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16040/000115752324000169/a53891540.htm
  HTML page:      https://secwatch.observer/filing/0001157523-24-000169

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