Cabot Corp. (CBT) Misses Q3 EPS by 10c

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Go back to Cabot Corp. (CBT) Misses Q3 EPS by 10c

Cabot Corp Reports Third Quarter Fiscal 2015 Results

August 4, 2015 7:01 AM EDT

Adjusted EPS of $0.64 and Diluted EPS Loss of $7.04

BOSTON--(BUSINESS WIRE)-- Cabot Corporation (NYSE: CBT) today announced results for its third quarter of fiscal year 2015.

Key Highlights

Purification Solutions asset impairment of $482 million after-tax, post Supreme Court MATS ruling Margin pressure in Reinforcement Materials and lower project activity in Specialty Fluids led to lower earnings year over year Record results for Performance Chemicals Solid cash flow from operations and repurchased 574,000 shares during the third fiscal quarter             (In millions, except per share amounts)     Fiscal 2015   Fiscal 2014 Third  ... More