BOSTON (AP) _ Cabot Corp. (CBT) on Monday reported fiscal third-quarter net income of $86 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Boston-based company said it had net income of $1.48. Earnings, adjusted for non-recurring gains, came to $1.35 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The chemical company posted revenue of $917 million in the period.

Cabot expects full-year earnings in the range of $4.85 to $5.05 per share.

Cabot shares have increased 20% since the beginning of the year. In the final minutes of trading on Monday, shares hit $53.72, a climb of 39% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBT at https://www.zacks.com/ap/CBT

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