Cabot Corp reports Q2 adjusted EPS of USD 1.45, topping estimates as specialty chemicals volumes rise 8% year-over-year.
Cabot Corp reported second-quarter adjusted earnings per share of USD 1.45, surpassing consensus estimates of USD 1.30. The company cited an 8% year-over-year increase in specialty chemicals volumes as a key driver of growth.
In the prior quarter, Cabot posted adjusted EPS of USD 1.20, while the year-ago period saw USD 1.15. Analysts had expected modest sequential improvement amid steady demand in automotive and industrial applications.
Shares of Cabot (CBT) traded slightly higher in after-hours following the earnings release, reflecting investor optimism over volume recovery.