Cabot Corp. (CBT) Misses Q2 EPS by 7c; Trims FY16 EPS Outlook
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Cabot Corporation Reports Second Quarter Fiscal 2016 Results
May 2, 2016 4:15 PM EDTAdjusted EPS of $0.70 and Diluted EPS of $0.76
BOSTON--(BUSINESS WIRE)-- Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2016.
Key Highlights
Operating results improved year-over-year driven by higher margins and cost reductions Fourth consecutive quarter of record EBIT for the Performance Chemicals segment Reinforcement Materials EBIT improved both year-over-year and sequentially Strong cash flows from operating activities in excess of $100 million for the quarter   (In millions, except per share amounts) Fiscal 2016  Fiscal 2015 Second  First Second  First Quarter  ... More