Cabot's (CBT) Earnings and Sales Surpass Estimates in Q3

Cabot Corporation (CBT) recorded third-quarter fiscal 2024 (ended Jun 30, 2024) earnings of $1.94 per share, up from the year-ago quarter's$1.43. CBT posted adjusted earnings of $1.92 per share, up from the year-ago quarter's figure of$1.42. Adjusted earnings beat the Zacks Consensus Estimate of $1.74. The company's net sales in the quarter were$1,016 million, which beat the Zacks Consensus Estimate of $1,010.1 million. Net sales increased around 4.9% from the prior-year quarter. Segment Highlights Reinf ...