Cabot Corporation (NYSE: CBT) has set the date for the release of its fourth quarter financial results on Monday 4th November 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.
As per the predictions of financial analysts on Wall Street, the business is set to report an estimated per share $1.81 profit for the fourth quarter. Additionally, the company is projected to unveil a revenue of $1.01 billion for the period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $1.65. This significant amount was the outcome of the company's total revenue, which reached an impressive $965 million during that particular timeframe.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $4 billion. Additionally, they forecast the earnings per share to hit profit of $7.06 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q3 2024 | $1.92 | +35.2% | 1.02 B | +5.0% |
| Q2 2024 | $1.78 | +33.8% | 1.02 B | -1.4% |
| Q1 2024 | $1.56 | +59.2% | 958.00 M | -0.7% |
| Q4 2023 | $1.65 | +6.5% | 965.00 M | -13.2% |
| Q3 2023 | $1.42 | -17.9% | 968.00 M | -15.8% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 08:00 AM eastern time to review the Q4 2024 financial results.
Friday's trading saw Cabot Corporation (CBT) shares hit a low of $107.51 and a high of $109.38, with a day volume of 583.30 thousand shares. The stock closed the regular trading session at $109.02, reflecting 1.10 percent advance.
