BOSTON (AP) — BOSTON (AP) — Cabot Corp. (CBT) on Monday reported fiscal first-quarter earnings of $93 million.
On a per-share basis, the Boston-based company said it had profit of $1.67. Earnings, adjusted for non-recurring costs, were $1.76 per share.
The chemical company posted revenue of $955 million in the period.
Cabot expects full-year earnings in the range of $7.40 to $7.80 per share.
Cabot shares have declined 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $84.87, a climb of 16% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBT at https://www.zacks.com/ap/CBT
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