Cabot Corp expected to post earnings of $1.11 a share - Earnings Preview

Cabot

28/01/2022 21:49

* Cabot Corp  CBT.N   CBT  is expected to show a rise in
quarterly
revenue when it reports  results on January 31. 
    * The Boston Massachusetts-based  company is expected to
report  a
16.7% increase in revenue to $870.53 million from $746 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cabot Corp is for
earnings of $1.11 per share. For the same quarter last year, the
company reported earnings of $1.18 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cabot Corp
is
$70​, about 22.5% above​ its last closing price of $54.25. ​​​
    * 

This summary was machine generated January 28 at 21:49 GMT.  All
figures in US dollars  unless otherwise stated