Cabot Corp. (CBT) Reports In-Line Q3 EPS

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Cabot Corporation Reports Third Quarter Fiscal 2016 Results

July 27, 2016 5:03 PM EDT

GAAP Diluted EPS of $0.88 and Adjusted EPS of $0.93

BOSTON--(BUSINESS WIRE)-- Cabot Corporation (NYSE: CBT) today announced results for its third quarter of fiscal year 2016.

Key Highlights

Stronger volumes drove significant improvement in operating results both year-over-year and sequentially Fifth consecutive quarter of record EBIT for the Performance Chemicals segment Specialty Fluids segment delivered a higher level of profitability from projects in the North Sea and Asia Strong cash flow generation with cash flows from operating activities in excess of $100 million for the quarter               (In millions, except per share amounts)... More