Cabot Corp expected to post earnings of $1.48 a share - Earnings Preview

Cabot

04/11/2023 03:07

* Cabot Corp  CBT.N   CBT  is expected to show a fall in
quarterly
revenue when it reports  results on November 6. 
    * The Boston Massachusetts-based  company is expected to
report  a
10.8% decrease in revenue to $991.485 million from $1.11 billion
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Cabot Corp is for
earnings of $1.48 per share. The company's EPS guidance on
August 7 2023, for the period ended September 30, was between
$1.40 and $1.55 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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
$86​, above​ its last closing price of $67.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.55        1.55       1.42      Missed  -8.1
 Mar. 31 2023  1.32        1.31       1.33      Beat    1.6
 Dec. 31 2022  0.97        0.97       0.98      Beat    1​
 Sep. 30 2022  1.44        1.45       1.55      Beat    6.6
 ​​Jun.        1.57        1.56       1.73      Beat    11
 30 2022                                                
 Mar. 31 2022  1.41        1.42       1.69      Beat    19.2​
 Dec. 31 2021  1.10        1.11       1.29      Beat    16.7
 Sep. 30 2021  1.03        1.03       1.11      Beat    8.1
 This summary was machine generated November 4 at 03:06 GMT.  All
figures in US dollars  unless otherwise stated