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Cabot: Fiscal Q1 Earnings Snapshot

By AP News - Feb 03, 2025, 05:23 PM ET
Last Updated - Feb 03, 2025, 05:23 PM EST
Cabot: Fiscal Q1 Earnings Snapshot

BOSTON (AP) — BOSTON (AP) — Cabot Corp. (CBT) on Monday reported fiscal first-quarter earnings of $93 million.

On a per-share basis, the Boston-based company said it had profit of $1.67. Earnings, adjusted for non-recurring costs, were $1.76 per share.

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The chemical company posted revenue of $955 million in the period.

Cabot expects full-year earnings in the range of $7.40 to $7.80 per share.

Cabot shares have declined 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $84.87, a climb of 16% 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 Zacks stock report on CBT at https://www.zacks.com/ap/CBT

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