Cabot corp reports first quarter fiscal 2025 results
Boston, feb. 03, 2025 (globe newswire) -- cabot corporation (nyse: cbt) today announced results for its first quarter of fiscal year 2025. key highlights diluted eps of $1.67 and adjusted eps of $1.76 which represents a 13% increase in adjusted eps compared to the same quarter in the prior year reinforcement materials segment ebit of $130 million; up 1% compared to the same quarter in the prior year performance chemicals segment ebit of $45 million; up 32% compared to the same quarter in the prior year cash flows from operations of $124 million in the first fiscal quarter supported the return of $66 million of cash to shareholders in the quarter hosted investor day highlighting growth strategy and 3-year financial targets (in millions, except per share amounts) three months ended 12/31/24 12/31/23 net sales and other operating revenues $ 955 $ 958 net income (loss) attributable to cabot corporation $ 93 $ 50 net earnings (loss) per share attributable to cabot corporation $ 1.67 $ 0.88 less: certain items after tax per share $ (0.09 ) $ (0.68 ) adjusted eps $ 1.76 $ 1.56 sean keohane, cabot president and chief executive officer commented: “we continued to execute against our creating for tomorrow strategy, delivering another quarter of strong results and in-line with our expectations.
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