Cabot: Fiscal Q2 Earnings Snapshot
BOSTON (AP) — BOSTON (AP) — Cabot Corp. (CBT) on Monday reported fiscal second-quarter earnings of $75 million.
On a per-share basis, the Boston-based company said it had net income of $1.29. Earnings, adjusted for non-recurring costs, were $1.33 per share.
The chemical company posted revenue of $1.03 billion in the period.
Cabot expects full-year earnings in the range of $6.10 to $6.50 per share.
Cabot shares have risen roughly 6% since the beginning of the year. In the final minutes of trading on Monday, shares hit $70.55, a climb of slightly more than 5% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CBT">Zacks stock report on CBT at https://www.zacks.com/ap/CBT
