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BOSTON (AP) _ Cabot Corp. (CBT) on Monday reported fiscal fourth-quarter earnings of $43 million.
The Boston-based company said it had profit of 68 cents per share. Earnings, adjusted for one-time gains and costs, were 78 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.
The chemical company posted revenue of $672 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $707.8 million.
For the year, the company reported a loss of $331 million, or $5.23 per share, swinging to a loss in the period. Revenue was reported as $2.87 billion.
Cabot shares have declined 18 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $35.87, a fall of 23 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBT at http://www.zacks.com/ap/CBT
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Keywords: Cabot, Earnings Report
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Cabot Corporation
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CODE : CBT |
ISIN : US1270551013 |
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Cabot est une société de production minière basée aux Etats-Unis D'Amerique. Cabot est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 5,6 milliards US$ (5,3 milliards €). La valeur de son action a atteint son plus bas niveau récent le 16 décembre 1994 à 10,01 US$, et son plus haut niveau récent le 30 avril 2024 à 91,23 US$. Cabot possède 61 807 147 actions en circulation. |