Cabot Corporation (NYSE:CBT) Q4 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Steve Delahunt - Vice President, Treasurer & Investor Relations Sean Keohane - Chief Executive Officer & President Erica McLaughlin - Executive Vice President & Chief Financial Officer Conference Call Participants John Roberts - Mizuho Chris Perrella - UBS Jeff Zekauskas - JPMorgan Dan Rizzo - Jefferies Operator Good day, everyone, and thank you for standing by. Welcome to the Fourth Quarter 2024 C ...

CABOT EARNINGS TELECONFERENCE Fourth Quarter - Fiscal 2024 Forward Looking Statements This presentation contains forward-looking statements. All statements that address expectations or projections about the future, including with respect to our expectations for our performance in fiscal 2025, including our expectations for performance and growth in our businesses and for adjusted earnings per share in fiscal year 2025, our expectations for operating cash flow for fiscal 2025 and our capital allocation prior ...

Cabot (CBT) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.10%. A quarter ago, it was expected that this chemical company would post earnings of $1.74 per share when it actually produced earnings of $1.92, delivering a surprise of 10.34%.Over the last four quarters, the company ha ...

Exhibit 99.1 Investor Contact: Steve Delahunt (617) 342-6255 CABOT CORP REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS Fourth Quarter 2024 Diluted earnings per share ("EPS") of $2.43 and Adjusted EPS of $1.80 Fiscal Year 2024 Diluted EPS of $6.72 and Adjusted EPS of $7.06 BOSTON (November 4, 2024)-- Cabot Corporation (NYSE: CBT) today announced results for its fourth quarter and fiscal year 2024. Fiscal Year Highlights Fiscal year Diluted EPS of $6.72 and Adjusted EPS of $7.06, which represents a 31% i ...

Investors interested in stocks from the Chemical - Diversified sector have probably already heard of Cabot (CBT) and Air Products and Chemicals (APD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings ...

Industry Overview - The Zacks Chemicals Diversified industry is facing sluggish demand in key markets such as consumer durables and building & construction, compounded by consumer inventory destocking effects [1][4] - The industry includes manufacturers of basic chemicals, plastics, specialty chemicals, and agricultural chemicals, serving various end markets like automotive, construction, and agriculture [3] Demand Challenges - Demand weakness is particularly noted in the building & construction and consumer electronics markets, with uncertainties in the U.S. housing market affecting the construction sector [4] - A slower recovery in China, characterized by a weak property market and reduced infrastructure investments, is negatively impacting chemical demand [5] - Economic slowdowns in Europe due to high inflation and interest rates are also contributing to reduced demand for chemicals [5] Strategic Responses - Companies like DuPont, FMC, and Cabot are implementing strategic measures such as cost reductions and aggressive price hikes to navigate the challenging environment [2][6] - Actions include cutting discretionary spending and raising selling prices to counteract cost inflation, which may help sustain margins [6] Industry Performance - The Zacks Chemicals Diversified industry has underperformed compared to the S&P 500 and the broader Zacks Basic Materials sector, with a gain of only 4.5% over the past year compared to the S&P 500's 32.4% [9] - The industry currently trades at an EV/EBITDA ratio of 11.43X, below the S&P 500's 19.20X and the sector's 11.99X [10] Company Highlights - FMC is focusing on expanding its product portfolio and has seen upward revisions in earnings estimates, with a Zacks Rank of 1 (Strong Buy) [11][12] - DuPont is expected to benefit from productivity and pricing actions, with a projected earnings growth rate of around 7.5% for 2024, holding a Zacks Rank of 2 (Buy) [13][14] - Cabot is experiencing strong growth in its Performance Chemicals division, with expected earnings growth of 31.4% for fiscal 2024 and a Zacks Rank of 2 [15]

Cabot Corporation's (CBT) shares have popped around 23% over the past three months. The rally has been fueled by CBT's strong earnings performance, upward revisions to earnings guidance and robust performance across its business segments. We are positive about the company's prospects and believe that the time is right for you to add the stock to your portfolio as it looks promising and is poised to carry the momentum ahead. Let's take a look into the factors that make CBT stock a compelling choice for inves ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Cabot Corporation's (CBT) shares have increased 16.1% in the past three months compared with the industry and the S&P 500's growth of 5% and 4.8%, respectively. Image Source: Zacks Investment Research Let's look at the factors driving the stock's price appreciation. What's Driving Cabot Stock? Cabot's Performance Chemicals division experienced strong growth in the fiscal third quarter, with sales rising 8.1% year over year to $332 million. The segment's EBIT saw an impressive 72% jump to $55 million, fueled ...

The Fed kicked off the new rate cycle era by initiating a 50 basis points cut in interest rates after holding it at a 23-year high for 14 consecutive months since July 2023. This marked the first rate cut since 2020 to address slowing economic growth. The shift in monetary policy, along with uncertainty surrounding the elections, has brought back the lure for dividend investing. While several dividend stocks could provide capital appreciation, zeroing in on stocks with a history of dividend growth leads to ...