earnings
confidence high
sentiment neutral
materiality 0.70
Cabot Q2 Adj EPS $1.61 vs $1.90 YoY; revenue falls 3%; dividend raised 5%, guidance reaffirmed
CABOT CORP
2026-Q2 EPS reported
$2.64
revenue$1,753,000,000
- Diluted EPS $1.27 (Adj $1.61) vs $1.69 ($1.90) YoY; net income $68M down from $94M.
- Revenue $904M (-3% YoY); Reinforcement Materials EBIT $93M (-29% YoY); Performance Chemicals EBIT $59M (+18% YoY).
- Quarterly dividend raised 5% to $0.4725 ($1.89 annualized); full-year Adj EPS guidance reaffirmed $6.00-$6.50.
- Plans to close manufacturing ops in South America and Europe, targeting ~$22M annualized fixed cost savings.
- Operating cash flow $77M; capex $45M; share repurchases $49M; net debt/EBITDA 1.5x; liquidity $1.3B.
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