AI brief of an SEC Form 8-K · Cabot (CBT)

Cabot raises fiscal 2024 adjusted EPS guidance after 35% rise in Q3 adjusted EPS

Positive Impact 4 of 5 guidance Written later

Cabot reported third-quarter fiscal 2024 results on August 5, 2024, with adjusted EPS of $1.92, up 35% from $1.42, and net sales of $1,016 million, up from $968 million. The company raised its fiscal 2024 adjusted EPS guidance to $7.00 to $7.10 from $6.65 to $6.85, which points to higher expected profit for the full year.

Key points

  • Diluted EPS of $1.94 versus $1.43 a year earlier; adjusted EPS of $1.92 versus $1.42
  • Net sales and other operating revenues of $1,016 million versus $968 million in the same quarter last year
  • Fiscal 2024 adjusted EPS guidance raised to $7.00 to $7.10 from $6.65 to $6.85
  • Returned $73 million to shareholders in the quarter, including $24 million in dividends and $49 million in share repurchases

The filing

CompanyCabot (CBT)
Form8-K, current report
Filed with the SECAug 5, 2024, 4:43 PM ET
Accession number0000950170-24-090886

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.