Cabot Corp. (CBT) Tops Q2 EPS by 5c

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Cabot Corp Reports Second Quarter Fiscal 2018 Results

May 7, 2018 5:40 PM EDT

Diluted EPS of ($2.80) and Adjusted EPS of $1.04

BOSTON--(BUSINESS WIRE)-- Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2018.

Key Highlights

Diluted EPS of ($2.80), compared with $1.19 in the prior year period; Adjusted EPS of $1.04, up 18% year-over-year Record EBIT quarter for Reinforcement Materials; 46% increase year-over-year Performance Chemicals EBIT up 12% year-over-year Purification Solutions after-tax asset impairment of $224 million               (In millions, except per share amounts)           Second Quarter 2018     2017   Net sales $ 818 $ 678 Net income (loss) attributable to Cabot Corporation $... More