Cabot Q3 Adj $1.92 Beats $1.72 Estimate, Sales $1.02B Beat $1.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cabot Corporation (NYSE:CBT) reported strong Q3 earnings, with adjusted EPS of $1.92 beating the estimate of $1.72 and sales of $1.02 billion surpassing the $1.00 billion estimate. This represents significant year-over-year growth in both earnings and sales.
August 05, 2024 | 8:36 pm
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Cabot Corporation reported Q3 adjusted EPS of $1.92, beating the estimate of $1.72, and sales of $1.02 billion, surpassing the $1.00 billion estimate. This indicates strong financial performance and significant year-over-year growth.
The better-than-expected earnings and sales figures, along with significant year-over-year growth, are likely to positively impact Cabot's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100