Cabot Corp (CBT) revealed earnings for fourth quarter that Decreased from last year but beat the Street estimates.
The company's earnings came in at $43 million, or $0.79 per share. This compares with $137 million, or $2.43 per share, last year.
Excluding items, Cabot Corp reported adjusted earnings of $1.70 per share for the period.
Analysts on average had expected the company to earn $1.68 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 10.2% to $899 million from $1.001 billion last year.
Cabot Corp earnings at a glance (GAAP) :
-Earnings: $43 Mln. vs. $137 Mln. last year.-EPS: $0.79 vs. $2.43 last year.-Revenue: $899 Mln vs. $1.001 Bln last year.
-Guidance:Next quarter EPS guidance: $6.00 - $7.00
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.