Investing.com - Cabot (NYSE:CBT) Corp reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cabot Corp announced earnings per share of $1.55 on revenue of $1.11B. Analysts polled by Investing.com anticipated EPS of $1.46 on revenue of $1.07B.
Cabot Corp shares are down 66.91% from the beginning of the year, still down 2.62% from its 52 week high of $78.62 set on May 31.
Cabot Corp follows other major Materials sector earnings this month
Cabot Corp's report follows an earnings missed by Air Liquide ADR on October 25, who reported EPS of $0.5852 on revenue of $8.21B, compared to forecasts EPS of $0.6056 on revenue of $7.25B.
Vale ADR had beat expectations on October 27 with third quarter EPS of $0.98 on revenue of $9.93B, compared to forecast for EPS of $0.6671 on revenue of $10.74B.
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