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Cabot Q1 2024 Earnings Report

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$84.88 +0.41 (+0.49%)
As of 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Cabot EPS Results

Actual EPS
$1.56
Consensus EPS
$1.49
Beat/Miss
Beat by +$0.07
One Year Ago EPS
N/A

Cabot Revenue Results

Actual Revenue
$958.00 million
Expected Revenue
$927.28 million
Beat/Miss
Beat by +$30.72 million
YoY Revenue Growth
N/A

Cabot Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Cabot Earnings Headlines

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JPMorgan Chase & Co. Cuts Cabot (NYSE:CBT) Price Target to $85.00
Cabot (NYSE:CBT) Upgraded by StockNews.com to "Buy" Rating
Cabot Corporation: Reinforcing Positive Shareholder Value
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About Cabot

Cabot (NYSE:CBT) operates as a specialty chemicals and performance materials company. The company operates through two segments, Reinforcement Materials and Performance Chemicals. It offers reinforcing carbons that are used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and engineered elastomer composites solutions. The company also provides specialty carbons for use in inks, coatings, plastics, adhesives, toners, batteries, and displays; conductive additives and fumed alumina used in lead acid and lithium-ion batteries for electric vehicles; fumed silica used in adhesives, sealants, cosmetics, batteries, inks, toners, silicone elastomers, coatings, polishing slurries, and pharmaceuticals; and fumed alumina for use in various products, including inkjet media, lighting, coatings, cosmetics, and polishing slurries. In addition, it offers aerogel, a hydrophobic, silica-based particle to use in various thermal insulation and specialty chemical applications; masterbatch and conductive compound products that are used in automotive, industrial, packaging, infrastructure, agriculture, consumer products, and electronics industries; and inkjet colorants for inkjet printing applications. The company sells its products through distributors and sales representatives in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cabot Corporation was founded in 1882 and is headquartered in Boston, Massachusetts.

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