Cabot Corporation

CBT

US1270551013

Specialty Chemicals

Market Closed - Nyse Other stock markets 04:00:02 2024-04-24 pm EDT			5-day change	1st Jan Change
93.4 ^USD	+0.02%		+1.60%	+11.86%

Apr. 19	North American Morning Briefing : Stock Futures -2-	DJ
Apr. 18	U.S. Department of Energy Selects Cabot Corporation and Partners for $5 Million in Grant to Support Continued Advancement of Global Hydrogen Economy	CI

Cabot Corp Reports Second Quarter Fiscal 2022 Results; Strong Diluted EPS of $1.84 and Record Adjusted EPS of $1.69

May 03, 2022 at 10:38 am EDT

BOSTON- Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2022.

Key Highlights

Record segment EBIT results for the fiscal quarter in both Reinforcement Materials and Performance Chemicals driving a 42% increase in Diluted EPS and a 22% increase in Adjusted EPS year-over-year

Key win in Battery Materials with sales of conductive carbon additive blends to a top five battery producer

Completed the divestiture of the Purification Solutions business

Returned $36 million in the quarter to shareholders through dividends and share repurchases

Achieved the highest EcoVadis rating of platinum for our ESG performance for the second consecutive year

See full release at: https://investor.cabot-corp.com/news-releases/news-release-details/cabot-corp-reports-second-quarter-fiscal-2022-results

Investor Contact:

Steve Delahunt

(617) 342-6255

Source: Cabot Corporation

Latest news about Cabot Corporation

North American Morning Briefing : Stock Futures -2-	Apr. 19	DJ
U.S. Department of Energy Selects Cabot Corporation and Partners for $5 Million in Grant to Support Continued Advancement of Global Hydrogen Economy	Apr. 18	CI
Deutsche Bank Downgrades Cabot to Hold From Buy, Raises Price Target to $95 From $88	Apr. 18	MT
UBS Raises Cabot Price Target to $100 From $86, Maintains Neutral Rating	Apr. 08	MT
Mizuho Securities Initiates Cabot at Buy With $104 Price Target	Mar. 27	MT
Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications	Mar. 18	CI
Cabot Insider Sold Shares Worth $673,094, According to a Recent SEC Filing	Mar. 11	MT
Cabot Insider Sold Shares Worth $1,525,564, According to a Recent SEC Filing	Mar. 04	MT
Cabot Insider Sold Shares Worth $4,413,935, According to a Recent SEC Filing	Feb. 15	MT
Deutsche Bank Adjusts Cabot Price Target to $88 From $85, Maintains Buy Rating	Feb. 08	MT
UBS Adjusts Price Target on Cabot to $80 from $87, Maintains Neutral Rating	Feb. 06	MT
Transcript : Cabot Corporation, Q1 2024 Earnings Call, Feb 06, 2024	Feb. 06
Tranche Update on Cabot Corporation's Equity Buyback Plan announced on January 13, 2015.	Feb. 05	CI
Cabot Fiscal Q1 Adjusted Earnings Increase, Revenue Drops -- 2024 Outlook Reaffirmed	Feb. 05	MT
Earnings Flash (CBT) CABOT CORPORATION Reports Q1 EPS $1.56, vs. Street Est of $1.49	Feb. 05	MT
Earnings Flash (CBT) CABOT CORPORATION Posts Q1 Revenue $958M, vs. Street Est of $963.8M	Feb. 05	MT
Cabot Corporation Reports Earnings Results for the First Quarter Ended December 31, 2023	Feb. 05	CI
Cabot Corporation Declares Quarterly Dividend, Payable on March 8, 2024	Jan. 12	CI
North American Morning Briefing : Samsung Warning Knocks Tech Stocks	Jan. 09	DJ
UBS Downgrades Cabot to Neutral From Buy, Adjusts Price Target to $87 From $90	Jan. 08	MT
Cabot Insider Sold Shares Worth $2,954,250, According to a Recent SEC Filing	Dec. 18	MT
Cabot Files Mixed-Securities Shelf	Dec. 18	MT
UBS Raises Cabot Price Target to $90 From $83, Maintains Buy Rating	Dec. 14	MT
Cabot Insider Sold Shares Worth $1,755,758, According to a Recent SEC Filing	Nov. 22	MT
Deutshce Bank Adjusts Price Target on Cabot to $85 From $80, Maintains Buy Rating	Nov. 13	MT

Cabot Corporation is a global specialty chemicals and performance materials company. The Company operates through two segments: Reinforcement Materials and Performance Chemicals. The Reinforcement Materials segment combines reinforcing carbons, engineered elastomer composites and EVOLVE Sustainable Solutions product. The reinforcing carbons products are used in tires and industrial products. In Performance Chemicals, it designs, manufacture and sell materials that deliver performance in a range of customer applications across the automotive, construction, infrastructure, inkjet printing, electronics, and consumer products sectors and in applications related to the generation, transmission and storage of energy. The Performance Chemicals segment combine specialty carbons, specialty compounds, battery materials, fumed metal oxides, aerogel and inkjet product lines. Its products include Carbon black, specialty carbons, battery materials, fumed silica, aerogel and inkjet colorants.

Sector

Specialty Chemicals

Calendar

2024-05-05 - Q2 2024 Earnings Release

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Russell 2000

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ESG Refinitiv

A-

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Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

93.4 USD

Average target price

95.33 USD

Spread / Average Target

+2.07%

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Quarterly earnings - Rate of surprise

Company calendar

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Other Specialty Chemicals

Cabot Corporation

Equities

CBT

US1270551013

Specialty Chemicals

Cabot Corp Reports Second Quarter Fiscal 2022 Results; Strong Diluted EPS of $1.84 and Record Adjusted EPS of $1.69

Latest news about Cabot Corporation

Chart Cabot Corporation

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Sector Other Specialty Chemicals