Cabot Q2 diluted EPS falls to $1.27 from $1.69; reaffirms $6.00-$6.50 adjusted EPS outlook
Cabot reported fiscal second-quarter 2026 results for the quarter ended March 31, 2026, with net sales of $904 million, down from $936 million a year earlier, and diluted EPS of $1.27 versus $1.69. The company reaffirmed its full-year fiscal 2026 Adjusted EPS guidance of $6.00 to $6.50 per share, and said it intends to close manufacturing operations in South America and Europe.
Key points
- Net sales were $904 million versus $936 million a year earlier; net income attributable to Cabot was $68 million versus $94 million.
- Adjusted EPS was $1.61 versus $1.90; Reinforcement Materials segment EBIT fell 29% to $93 million, while Performance Chemicals segment EBIT rose to $59 million.
- Full-year fiscal 2026 Adjusted EPS guidance of $6.00 to $6.50 was reaffirmed, with the company citing uncertainty from the Middle East conflict.
- The quarterly dividend rises 5%, lifting the annualized dividend from $1.80 to $1.89; expected annualized fixed cost savings from the asset actions are about $22 million once fully implemented.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:39 AM ET, from the text of the filing and its press-release exhibits 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 May 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.