Cabot Fiscal Q2 Adjusted EPS Increases, Revenue Falls

MT Newswires Live
06 May

Cabot (CBT) reported fiscal Q2 adjusted earnings Monday of $1.90 per diluted share, up from $1.78 a year earlier.

Analysts polled by FactSet expected $1.85.

Revenue for the quarter ended March 31 was $936 million, down from $1.02 billion a year earlier.

Four analysts surveyed by FactSet expected $1.02 billion.

The company said it now expects adjusted EPS for fiscal 2025 between $7.15 and $7.50. The previous guidance was between $7.40 and $7.80.

Analysts polled by FactSet expect $7.52.

The company increased its quarterly dividend by 5% from $0.43 to $0.45 per share, which is payable on June 13 to stockholders of record on May 30.

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