Cabot (CBT) Earnings Expected to Grow: Should You Buy?

Group 1: Earnings Expectations for Cabot - Wall Street anticipates a year-over-year increase in earnings for Cabot, with expected earnings of $1.80 per share, reflecting a +15.4$992.98 million, up 3.7% from the previous year [3][10] - The earnings report is scheduled for February 3, 2025, and the actual results will significantly influence the stock price, depending on whether they meet or exceed expectations [2][12] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from analysts [4] Group 2: Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative Earnings ESP reading can indicate the likelihood of actual earnings deviating from consensus estimates, with a positive reading being a strong predictor of an earnings beat [6][7] - For Cabot, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.51%, indicating a bearish sentiment among analysts [10][11] - The company has a Zacks Rank of 4, which complicates the prediction of an earnings beat [11] Group 3: Historical Performance and Industry Comparison - Cabot has beaten consensus EPS estimates three times in the last four quarters, although it missed expectations in the most recent quarter by -1.10% [12][13] - In comparison, Eastman Chemical is expected to report earnings of $1.58 per share, with a year-over-year change of +20.6$2.26 billion, up 2.3% from the previous year [17][18] - Eastman Chemical has a positive Earnings ESP of 0.10% and a Zacks Rank of 3, suggesting a higher likelihood of beating consensus estimates [18]