Cabot Corp.

NYSE:CBT   3:59:59 PM EDT
60.90
+3.50 (+6.10%)
Other Pre-Announcement

Cabot Corp Reports Second Quarter Fiscal 2021 Results

Published: 05/03/2021 22:03 GMT
Cabot Corp. (CBT) - Reports Second Quarter Fiscal 2021 Results.
Q2 GAAP Earnings per Share $1.30.
Sees FY Adjusted Earnings per Share $4.70 to $4.95.
Q2 Adjusted Earnings per Share $1.38.
Qtrly Net Sales $842 Million Versus $710 Million.
Q2 Earnings per Share View $0.97, Revenue View $787.7 Million -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $4.07 -- Refinitiv Ibes Data (analyst estimates).
For H2 of Fiscal Year, Anticipate Continued Demand Strength Across Our Segments.
For H2, Expect Some Impact From Flow-through of Higher Raw Material Costs in Asia.
For H2, Expect Some Impact From Moderating Volumes Into Automotive Applications Due to Semi-conductor Chip Shortage.
For H2, Expect Some Impact From Increased Fixed Costs Due to Timing of Scheduled Maintenance Activities.