Welcome to our dedicated page for Cabot Corporation news (Ticker: CBT), a resource for investors and traders seeking the latest updates and insights on Cabot Corporation stock.
Cabot Corporation (NYSE: CBT), headquartered in Boston, Massachusetts, is a leading global specialty chemicals and performance materials company. It is known for providing innovative performance solutions that address today's challenges and prepare for future needs. Cabot Corp's operations are divided into two main segments, each offering a range of products that are essential across various industries.
Reinforcement Materials Segment: This segment is the company's largest revenue generator. It specializes in rubber-grade carbon black products, which are essential in the manufacturing of hoses, belts, and other rubber products used in the automotive industry. These materials enhance the durability and performance of automotive components, making them indispensable to manufacturers.
Performance Chemicals Segment: This segment focuses on the production of ink-jet colorants and metal oxides. These products are widely used in the automotive and construction industries. Ink-jet colorants are crucial for high-quality printing applications, while metal oxides are used in coatings, adhesives, and sealants, providing superior performance and durability in construction materials.
Recent achievements for Cabot Corporation include strategic partnerships and expansions that have helped the company solidify its market position. Financially, the company has shown resilience with steady revenue streams from its diverse product portfolio. Current projects include innovations in sustainable materials and advanced technology integration to meet evolving industry standards.
Cabot Corporation is dedicated to continuous improvement and sustainability. The company invests in research and development to create products that are not only high-performing but also environmentally friendly. Their commitment to innovation and quality makes them a significant player in the specialty chemicals and performance materials industry.
Cabot Corporation (NYSE: CBT) will release its fourth quarter operating results for fiscal 2021 on November 8, 2021, post market hours. A conference call and live webcast will occur on November 9, 2021, at 8:00 am ET to discuss the results. The call will be available on Cabot's website, with an archived presentation for those unable to attend live. Cabot is a global leader in specialty chemicals, providing products such as rubber, specialty carbons, and activated carbon.
Cabot Corporation (NYSE: CBT) will host an Investor Day on December 2, 2021, at 9:30 a.m. ET in Boston, Massachusetts, where CEO Sean D. Keohane and the executive team will discuss core business drivers and strategic initiatives, focusing on sustainability, innovation, and capital allocation.
The event will be held at the Intercontinental Hotel and available virtually. Registration details will be shared later. A live webcast will include video and Q&A sessions, with an archived version available post-event.
Cabot Corporation (NYSE: CBT) reported a strong third quarter for fiscal 2021, achieving a GAAP EPS of $1.48, up from a loss of $0.12 year-over-year. Adjusted EPS also rose to $1.35 from a loss of $0.07. Net sales increased to $917 million, driven by robust demand across various sectors, particularly in energy materials for lithium-ion batteries. The company maintains strong liquidity of approximately $1.3 billion, with a debt to EBITDA ratio of 1.9 times. The adjusted EPS guidance for the fiscal year is now expected to be between $4.85 and $5.05.
On July 9, 2021, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.35 per share. This dividend will be payable on September 10, 2021, to stockholders of record by August 27, 2021. Cabot Corporation is known for its specialty chemicals and performance materials, specializing in products such as carbon black, activated carbon, and elastomer composites. The company continues to foster investor confidence through consistent dividend payments.
Cabot Corporation (NYSE: CBT) will release its third quarter operating results for fiscal 2021 on August 9, 2021, after market close. A conference call and live webcast are scheduled for August 10, 2021, at 8:00 am ET, to discuss these results. The event can be accessed via Cabot's website and will be archived for later viewing. Cabot is a leading global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts, specializing in rubber, specialty carbons, activated carbon, and other chemical products.
On May 14, 2021, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.35 per share for all outstanding common stock. This dividend is scheduled for payment on June 11, 2021, to stockholders of record as of May 28, 2021. Cabot Corporation is a leading global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts, known for its carbon black and specialty materials.
FAQ
What is the current stock price of Cabot Corporation (CBT)?
What is the market cap of Cabot Corporation (CBT)?
What does Cabot Corporation do?
Where is Cabot Corporation headquartered?
What are the main segments of Cabot Corporation?
What products are included in the Reinforcement Materials segment?
What industries use products from the Performance Chemicals segment?
What recent achievements has Cabot Corporation made?
How does Cabot Corporation contribute to sustainability?
What is the focus of Cabot Corporation’s current projects?
How does Cabot Corporation ensure product quality?
What is the significance of Cabot Corporation in its industry?
