05:06 PM EDT, 08/05/2024 (MT Newswires) -- Cabot (CBT) reported fiscal Q3 adjusted earnings late Monday of $1.92 per share, up from $1.42 a year earlier.

Four analysts polled by Capital IQ expected $1.71.

Net sales and other operating revenue for the quarter ended June 30 rose to $1.02 billion from $968 million a year earlier.

Four analysts surveyed by Capital IQ expected $1 billion.

The company raised its fiscal 2024 adjusted EPS guidance to a range of $7 to $7.10 from $6.65 to $6.85 previously. Analysts polled by Capital IQ expect $6.79.

Shares of the company rose 6.3% in after-hours activity.

Price: 92.40, Change: +5.44, Percent Change: +6.26