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Stock impact report

Cabot Corp Reports Second Quarter Fiscal 2024 Results

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: Business Wire
Diluted earnings per share (“EPS”) of $1.49 and Adjusted EPS of $1.78 BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2024.Key HighlightsDiluted EPS of $1.49 and adjusted EPS of $1.78, which represents a 34% increase in Adjusted EPS as compared to the same quarter in the prior yearReinforcement Materials segment EBIT of $149 million; up 22% compared to the same quarter in the prior yearPerformance Chemicals segment EBIT of $31 million; up 11% compared to the same quarter in the prior yearCash Flows from Operations of $176 million in the second fiscal quarter supported the return of $47 million of cash to shareholders in the quarterIncreased quarterly dividend by 8% from $0.40 to $0.43 per share(In millions, except per share amounts)Three Months EndedSix Months Ended 3/31/243/31/233/31/243/31/23 Net sales and other operating revenues$1,019 $1,033 $1,977 $ Show less Read more
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