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0.000809011139461223 -0.000809011139461046 -0.00354720268840621 -0.00149355902669725 -0.00740556350737443 0.0044806770800921 -0.00143132740058491 -0.0171759288070197
Stock impact report

Cabot Q1 Earnings Beat Estimates, Sales Down Y/Y on Lower Volumes [Yahoo! Finance]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
Company Research Source: Yahoo! Finance
CBT posted adjusted earnings of $1.53 per share, down from the year-ago quarter figure of $1.76. However, adjusted earnings outpaced the Zacks Consensus Estimate of $1.40. The company's net sales in the quarter were $849 million, which missed the Zacks Consensus Estimate of $881.9 million. Net sales fell around 11.1% from the prior-year quarter. Cabot Corporation price-consensus-eps-surprise-chart | Cabot Corporation Quote Reinforcement Materials' sales decreased around 14.9% year over year to $520 million in the reported quarter. It missed the Zacks Consensus Estimate of $549 million. Earnings before interest and tax (EBIT) in the segment were $102 million, down around 21.54% from the year-ago quarter. The decline in EBIT was primarily due to lower volumes in the Asia Pacific and the Americas. In the reported quarter, sales in the Performance Chemicals division declined 3.5% year over year to $300 million. It also missed the Zacks Consensus Estimate of $304 million. EBIT wit Show less Read more
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