Overview

* Cabot fiscal Q3 adjusted EPS beats analyst expectations, despite 1% yr/yr decline, per LSEG data

* Revenue for fiscal Q3 falls to $923 mln amid challenging demand environment

* Reinforcement Materials EBIT down 6%, Performance Chemicals EBIT up 4% yr/yr

Outlook

* Cabot reaffirms FY25 Adjusted EPS guidance of $7.15 to $7.50

* Company expects lower volumes due to tariff uncertainty

* Company anticipates earnings growth despite macroeconomic challenges

Result Drivers

* REINFORCEMENT MATERIALS - EBIT decline driven by lower volumes in Asia Pacific and the Americas

* PERFORMANCE CHEMICALS - EBIT increase due to higher gross profit per ton despite lower volumes

* DEMAND CHALLENGES - Uncertainty from tariffs and weaker global macroeconomic environment impacting customer demand

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $1.9 $1.82 (5

Adjusted Analysts

EPS )

Q3 Net $101 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the specialty chemicals peer group is "buy."

* Wall Street's median 12-month price target for Cabot Corp ( CBT ) is $85.50, about 15.8% above its August 1 closing price of $72.00

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)