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

Cabot

03/05/2022 24:57

* Cabot Corp  CBT.N  reported quarterly adjusted earnings of
$1.69​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
$1.42 per share.
    * Revenue rose 29.7% to $1.09 billion from a year ago; 
analysts
expected $922.58 million. 
    * Cabot Corp's reported EPS for the quarter was $1.84​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
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 fallen by 3.7% this quarter and
gained 17.2% so far this year.
    * The company reported quarterly net income of $75 million.
    * Wall Street's median 12-month price target for Cabot Corp
is
$84.00 
    * 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." 

This summary was machine generated May 2 at 11:57 p.m.  ​All
figures in US dollars unless otherwise stated