Cabot CBT announces its next round of earnings this Thursday, August 06. Here is Benzinga's everything-that-matters guide for this Thursday's Q3 earnings announcement.
Earnings and Revenue
Cabot's per-share loss will be near $0.01 on sales of $560.03 million, according to Wall Street analysts. Cabot earnings in the same period a year ago was $1.000 per share. Quarterly sales came in at $845.00 million. The Wall Street estimate would represent a 101.0% decline in the company's earnings. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.74 | 1.11 | 1 |
| EPS Actual | 0.77 | 0.69 | 1.05 | 1 |
| Revenue Estimate | 766.94 M | 763.13 M | 849.36 M | 852.10 M |
| Revenue Actual | 710.00 M | 727.00 M | 827.00 M | 845.00 M |
Stock Performance
Shares of Cabot were trading at $37.58 as of August 06. Over the last 52-week period, shares are down 4.53%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Cabot is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/pnkazuqp
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
