Cabot: Overview of First Quarter Financial Results

Cabot Corporation Announces First Quarter Financial Results

Cabot Corporation, headquartered in Boston, revealed on Tuesday that it achieved a profit of $73 million during its fiscal first quarter.

The company reported earnings of $1.37 per share. When excluding certain one-time items and pretax charges, adjusted earnings were $1.53 per share.

For the quarter, Cabot generated $849 million in revenue.

Looking ahead, the chemical manufacturer anticipates its annual earnings will fall between $6 and $6.50 per share.