Cabot Corp expected to post earnings of 97cents a share - Earnings Preview

Cabot

08/02/2023 24:11

* Cabot Corp  CBT.N   CBT  is expected to show a fall in
quarterly
revenue when it reports  results on February 9. 
    * The Boston Massachusetts-based  company is expected to
report  a
1.3% decrease in revenue to $955.24 million from $968 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 97 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 $74.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.44        1.45       1.55      Beat    6.6
 Jun. 30 2022  1.57        1.56       1.73      Beat    11
 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.        1.03        1.03       1.11      Beat    8.1
 30 2021                                                
 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. 31 2020  0.88        0.88       1.18      Beat    33.6
 This summary was machine generated February 8 at 00:11 GMT.  All
figures in US dollars  unless otherwise stated