Cabot Corp reports results for the quarter ended in December - Earnings Summary

Cabot

09/02/2023 23:46

* Cabot Corp  CBT.N  reported quarterly adjusted earnings of
98
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
97 cents per share.
    * Revenue fell 0.3% to $965.00 million from a year ago;
analysts
expected $955.24 million. 
    * Cabot Corp's reported EPS for the quarter was 93 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cabot Corp shares had risen by 9.6% this quarter.
    * The company reported quarterly net income of $54 million.
    * Wall Street's median 12-month price target for Cabot Corp
is
$86.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 11:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.97           0.98           Beat
 Sep. 30 2022      1.45           1.55           Beat
 Jun. 30 2022      1.56           1.73           Beat
 Mar. 31 2022      1.42           1.69           Beat