Cabot FY26 Q3 net income turns to USD 6 million profit; net sales rise 6.39% to USD 982 million
Reuters2026/08/03 20:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Cabot posted third-quarter GAAP diluted EPS of $0.12, swinging from $1.86 a year earlier; net income attributable to shareholders fell to USD 6 million.
- Net sales rose to USD 982 million; Reinforcement Materials EBIT dropped 24% year-over-year to USD 97 million on lower gross profit per ton.
- Performance Chemicals EBIT climbed 19% year-over-year to USD 68 million on higher volumes and improved gross profit per ton.
- Adjusted EPS, a non-GAAP metric, eased to $1.67 from $1.90; results included an after-tax certain-items charge of $1.55 per share.
- Cabot tightened fiscal 2026 adjusted EPS guidance to $6.15-$6.45, expanded battery conductive additive capacity plans, reaffirmed about USD 40 million of battery materials EBITDA.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cabot Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031631PRIMZONEFULLFEED9802769) on August 03, 2026, and is solely responsible for the information contained therein.
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