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BOSTON (AP) _ Cabot Corp. (CBT) on Wednesday reported fiscal first-quarter earnings of $45 million.
The Boston-based company said it had profit of 69 cents per share. Earnings, adjusted for one-time gains and costs, came to 80 cents per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.
The chemical company posted revenue of $812 million in the period.
Cabot shares have fallen 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.37, a fall of 15 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBT at http://www.zacks.com/ap/CBT
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Keywords: Cabot, Earnings Report
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Cabot Corporation
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CODE : CBT |
ISIN : US1270551013 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cabot is a producing company based in United states of america. Cabot is listed in United States of America. Its market capitalisation is US$ 5.8 billions as of today (€ 5.4 billions). Its stock quote reached its lowest recent point on December 16, 1994 at US$ 10.01, and its highest recent level on April 24, 2024 at US$ 93.40. Cabot has 61 807 147 shares outstanding. |