Cabot's (CBT) Earnings and Revenues Beat Estimates in Q1
CBTCabot (CBT) Zacks Investment Research·2024-02-06 21:21

Cabot Corporation (CBT) recorded first-quarter fiscal 2024 (ending Dec 31, 2023) earnings of 88 cents per share compared with the year-ago quarter's 93 cents. CBT posted adjusted earnings of 1.56pershare,up59.21.56 per share, up 59.2% from the year-ago quarter figure of 98 cents. It surpassed the Zacks Consensus Estimate of 1.49. The company’s net sales in the first quarter were 958million,whichbeattheZacksConsensusEstimateof958 million, which beat the Zacks Consensus Estimate of 927.3 million. Net sales decreased around 0.7% from $965 million reported in the prior-ye ...