Cabot beats estimates on broad demand recovery
02.02.2021
MOSCOW (MRC) -- Cabot Corporation reported fourth-quarter net income up 46.3% year-on-year (YOY), to USD60 million, on net sales up 2.6%, to USD746 million, said Chemweek.Adjusted earnings totaled USD1.18/share, up 71.0% YOY and well ahead of analysts' consensus estimate of 88 cents/share, as reported by Refinitiv (New York, New York). End-market recovery drove the gains in earnings and s