Cabot Corp expected to post earnings of $1.42 a share - Earnings Preview

Cabot

30/04/2022 03:01

* Cabot Corp  CBT.N   CBT  is expected to show a rise in
quarterly
revenue when it reports  results on May 2. 
    * The Boston Massachusetts-based  company is expected to
report  a
9.6% increase in revenue to $922.583 million from $842 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cabot Corp is for
earnings of $1.42 per share. For the same quarter last year, the
company reported earnings of $1.38 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$84​, above​ its last closing price of $65.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.10        1.11       1.29      Beat    16.7
 Sep. 30 2021  1.03        1.03       1.11      Beat    8.1
 Jun. 30 2021  1.18        1.18       1.35      Beat    14.8​
 Mar. 31 2021  0.97        0.97       1.38      Beat    42.5
 ​​Dec.        0.88        0.88       1.18      Beat    33.6
 31 2020                                                
 Sep. 30 2020  0.59        0.55       0.68      Beat    22.7​
 Jun. 30 2020  -0.02       -0.02      -0.07     Missed  -319.9
 Mar. 31 2020  0.71        0.69       0.77      Beat    10.9
 This summary was machine generated April 30 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated