Cabot Corp expected to post earnings of $1.49 a share - Earnings Preview

Cabot

02/02/2024 21:08

* Cabot Corp  CBT.N   CBT  is expected to show a fall in
quarterly
revenue when it reports  results on February 5 for the period
ending December 31 2023
    * The Boston Massachusetts-based  company is expected to
report a
1.3% decrease in revenue to $952.855 million from $965 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Cabot Corp is for
earnings of
$1.49 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$87.00​, above​ its last closing price of $73.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.48        1.48       1.65      Beat    11.8
 Jun. 30 2023  1.55        1.55       1.42      Missed  -8.1
 Mar. 31 2023  1.32                   1.33              1.6​
 Dec. 31 2022  0.97                   0.98              1
 ​​Sep.        1.44        1.45                         6.6
 30 2022                                                
 Jun. 30 2022  1.57        1.56       1.73      Beat    11​
 Mar. 31 2022  1.41        1.42                         19.2
 Dec. 31 2021  1.10        1.11                         16.7
 This summary was machine generated February 2 at 21:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)