Cabot Corp Reports First Quarter Fiscal 2025 Results

Core Insights - Cabot Corporation reported diluted earnings per share (EPS) of $1.67 and adjusted EPS of$1.76 for the first quarter of fiscal year 2025, reflecting a 13% increase in adjusted EPS year-over-year [1][4][5] Financial Performance - The company achieved a net income of $93 million for the first quarter, compared to$50 million in the same quarter of the previous year [4][5] - Operating cash flow for the quarter was strong at $124 million, with$77 million allocated to capital expenditures and $66 million returned to shareholders through dividends and share repurchases [3][7] - The effective tax rate for the quarter was 28$130 million, a 1% increase year-over-year, driven by volume growth in Asia Pacific and Europe, Middle East, and Africa [5][6] - The Performance Chemicals segment saw EBIT grow by 32% year-over-year to $45 million, primarily due to an 8$7.40 to $7.80, factoring in anticipated business segment results and market conditions [9][10] - Cabot Corporation expressed confidence in its operational agility and execution capabilities, supporting continued investment in strategic growth projects [9][10]