Cabot Corp (CBT) Q4 2024 Earnings Report Preview: What to Expect

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Nov 01, 2024
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Cabot Corp (CBT, Financial) is set to release its Q4 2024 earnings on Nov 4, 2024. The consensus estimate for Q4 2024 revenue is $1.01 billion, and the earnings are expected to come in at $1.85 per share. The full year 2024's revenue is expected to be $4.00 billion and the earnings are expected to be $6.57 per share. More detailed estimate data can be found on the Forecast page.

Cabot Corp (CBT, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Cabot Corp (CBT) have increased from $3.99 billion to $4.00 billion for the full year 2024, and have declined from $4.22 billion to $4.21 billion for 2025. Earnings estimates have increased from $5.77 per share to $6.57 per share for the full year 2024, and from $7.53 per share to $7.80 per share for 2025.

Cabot Corp (CBT, Financial) Reported History

In the previous quarter of June 30, 2024, Cabot Corp's (CBT) actual revenue was $1.02 billion, which beat analysts' revenue expectations of $1.00 billion by 1.55%. Cabot Corp's (CBT) actual earnings were $1.94 per share, which beat analysts' earnings expectations of $1.73 per share by 12.46%. After releasing the results, Cabot Corp (CBT) was up by 16.38% in one day.

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Cabot Corp (CBT, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Cabot Corp (CBT) is $114.75 with a high estimate of $127 and a low estimate of $103. The average target implies an upside of 6.42% from the current price of $107.83.

Based on GuruFocus estimates, the estimated GF Value for Cabot Corp (CBT, Financial) in one year is $75.63, suggesting a downside of -29.86% from the current price of $107.83.

Based on the consensus recommendation from 5 brokerage firms, Cabot Corp's (CBT, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.