Cabot Corp. (CBT) Tops Q2 EPS by 1c
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Cabot Corp Reports Second Quarter Fiscal 2019 Results
May 6, 2019 5:10 PM EDTDiluted EPS of $0.39 and Adjusted EPS of $0.99
BOSTON--(BUSINESS WIRE)-- Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2019.
Key Highlights
Positive impact from calendar year 2019 tire customer agreements more than offset by pricing weakness in China in Reinforcement Materials Performance Chemicals impacted by soft automotive demand and a less favorable product mix Announced agreement to divest Specialty Fluids segment in transaction valued at $135 million Continued commitment to return cash to shareholders with $70 million of dividends and share repurchases in the quarter... More