News

Published on 14 Nov 2022 on Zacks via Yahoo Finance

Cabot's (CBT) Earnings and Sales Surpass Estimates in Q4


Article preview image

Cabot Corporation CBT recorded a profit of $94 million or $1.64 per share in the fourth quarter of fiscal 2022 (ended Sep 30, 2022) compared with $29 million or 50 cents per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were $1.55 in the reported quarter, up from $1.11 in the year-ago quarter. The figure topped the Zacks Consensus Estimate of $1.48.Net sales increased around 23% year over year to $1,112 million in the quarter. It beat the Zacks Consensus Estimate of $1,037.7 million.The company’s results were aided by higher margins and stronger volumes. Battery Materials delivered strong growth in the quarter.

 

Cabot Corporation Price, Consensus and EPS Surprise

NASDAQ.SRCE price evolution
NYSE.RS price evolution
NYSE.CBT price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Lockheed Martin (LMT) Wins Deal for Trident II (D5) Missile

Lockheed Martin Corporation LMT recently clinched a modification contract involving the Trident I...

Zacks via Yahoo Finance 30 Nov 2022

Is Target Corporation (NYSE:TGT) Trading At A 43% Discount?

Does the November share price for Target Corporation (NYSE:TGT) reflect what it's really worth? T...

Simply Wall St. via Yahoo Finance 30 Nov 2022

Estimating The Fair Value Of Exxon Mobil Corporation (NYSE:XOM)

Does the November share price for Exxon Mobil Corporation (NYSE:XOM) reflect what it's really wor...

Simply Wall St. via Yahoo Finance 26 Nov 2022

We Wouldn't Be Too Quick To Buy LifeVantage Corporation (NASDAQ:LFVN) Before It Goes Ex-Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's excitin...

Simply Wall St. via Yahoo Finance 26 Nov 2022

Zhulian Corporation Berhad (KLSE:ZHULIAN) most popular amongst private companies who own 52%,...

Every investor in Zhulian Corporation Berhad (KLSE:ZHULIAN) should be aware of the most powerful ...

Simply Wall St. via Yahoo Finance 25 Nov 2022

5 Top-Ranked Stocks With Dividend Yields Above 5%

Investors love dividends. After all, there are few things in life better than getting paid. And i...

Zacks via Yahoo Finance 25 Nov 2022

Here's Why Investors Should Steer Clear of Lennar (LEN) Now

Lennar Corporation LEN shares have dropped 25.6% this year, almost in line with the Zacks Buildin...

Zacks via Yahoo Finance 25 Nov 2022

The IRS says its 87,000 new hires could help collect as much as $1 trillion — by forcing tax cheats...

Get ready, ultra-wealthy Americans: President Joe Biden wants you to start paying your share. Thr...

MoneyWise via Yahoo Finance 25 Nov 2022

Institutional investors own a significant stake of 46% in 1st Source Corporation (NASDAQ:SRCE)

If you want to know who really controls 1st Source Corporation (NASDAQ:SRCE), then you'll have to...

Simply Wall St. via Yahoo Finance 23 Nov 2022

Adtalem (ATGE) Rises 36.7% YTD Amid Low Enrollment Environment

Adtalem Global Education Inc. ATGE has been benefiting from operational efficiency and the realiz...

Zacks via Yahoo Finance 22 Nov 2022