Cabot's (CBT) Earnings and Revenues Beat Estimates in Q1

Cabot Corporation (CBT) recorded first-quarter fiscal 2024 (ending Dec 31, 2023) earnings of 88 cents per share compared with the year-ago quarter's 93 cents.CBT posted adjusted earnings of $1.56 per share, up 59.2$1.49.The company’s net sales in the first quarter were $958 million, which beat the Zacks Consensus Estimate of$927.3 million. Net sales decreased around 0.7% from $965 million reported in the prior-year ...