Edition:
India

Cabot Q1 Adjusted Earnings Per Share $0.87


Tuesday, 5 Feb 2019 

Cabot Corp ::REPORTS FIRST QUARTER FISCAL 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.87.Q1 EARNINGS PER SHARE ESTIMATE $0.93 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $4.20 TO $4.60.Q1 EARNINGS PER SHARE $1.14.FY2019 EARNINGS PER SHARE VIEW $4.61 -- REFINITIV IBES DATA.QTRLY NET SALES $821 MILLION VERSUS $720 MILLION.SAW SOFTER AUTOMOTIVE DEMAND, CUSTOMER INVENTORY DESTOCKING AND A WEAKER ENVIRONMENT IN CHINA DURING QUARTER.CABOT - EXPECT CUSTOMER DESTOCKING, IMPACT ON AUTOMOTIVE PRODUCTION FROM NEW EMISSIONS REGULATIONS IN EUROPE TO HAVE LESS IMPACT IN Q2 2019 VERSUS Q1 2019.WILL FACE HEADWINDS IN Q2 FROM A CHALLENGING CHINA ENVIRONMENT AND LOWER OIL PRICES. 

Company Quote

47.82
0.43 +0.91%
12:53am IST