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BOSTON (AP) _ Cabot Corp. (CBT) on Monday reported a fiscal first-quarter loss of $7 million, after reporting a profit in the same period a year earlier.
The Boston-based company said it had a loss of 11 cents per share. Earnings, adjusted for one-time gains and costs, came to 51 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.
The chemical company posted revenue of $603 million in the period.
Cabot shares have decreased 3.5 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.46, a decrease of 7 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBT at http://www.zacks.com/ap/CBT
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Keywords: Cabot, Earnings Report
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Cabot Corporation
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CODE : CBT |
ISIN : US1270551013 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cabot is a producing company based in United states of america. Cabot is listed in United States of America. Its market capitalisation is US$ 5.7 billions as of today (€ 5.3 billions). Its stock quote reached its lowest recent point on December 16, 1994 at US$ 10.01, and its highest recent level on April 25, 2024 at US$ 92.31. Cabot has 61 807 147 shares outstanding. |