Cabot Corp. (CBT) Tops Q4 EPS by 6c, Offers Outlook
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Cabot Corp Reports Fourth Quarter Diluted EPS of $0.83 and Adjusted EPS of $1.00
October 31, 2016 5:43 PM EDTFiscal Year 2016 Diluted EPS of $2.36 and Adjusted EPS of $3.14
BOSTON--(BUSINESS WIRE)-- Cabot Corporation (NYSE: CBT) today announced results for its fourth quarter and full fiscal year 2016.
Key Highlights
Delivered strong fourth quarter results driven by higher margins and lower fixed costs Achieved third consecutive year of record EBIT for the Performance Chemicals segment Generated strong cash flows from operations of $386 million for fiscal 2016 Returned $104 million of cash to shareholders in fiscal year 2016        (In millions, except per share amounts)   Fiscal 2016   Fiscal 2015 Fourth   Full   Fourth   FullQuarter
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