Cabot's (CBT) Earnings and Sales Surpass Estimates in Q3
CBTCabot (CBT) ZACKS·2024-08-06 19:40

Cabot Corporation (CBT) recorded third-quarter fiscal 2024 (ended Jun 30, 2024) earnings of 1.94pershare,upfromtheyearagoquarters1.94 per share, up from the year-ago quarter's 1.43.CBT posted adjusted earnings of 1.92pershare,upfromtheyearagoquartersfigureof1.92 per share, up from the year-ago quarter's figure of 1.42. Adjusted earnings beat the Zacks Consensus Estimate of 1.74.Thecompanysnetsalesinthequarterwere1.74.The company’s net sales in the quarter were 1,016 million, which beat the Zacks Consensus Estimate of $1,010.1 million. Net sales increased around 4.9% from the prior-year quarter.Segment HighlightsReinforce ...