Cabot reports Q2 adjusted EPS $1.78, consensus $1.66

Reports Q2 revenue $1.01B, consensus $1.05B. Sean Keohane, Cabot President and Chief Executive Officer, commented on the quarter, “I am very pleased with our second quarter results, as the Cabot team continued to execute against our Creating for Tomorrow strategy by delivering significant growth in Adjusted EPS year-over-year. Reinforcement Materials continued to demonstrate excellent performance, delivering EBIT of $149 million driven by price and product mix improvements in our calendar 2024 customer agreements and higher segment volumes. EBIT in the Performance Chemicals segment grew 11% year over year due to improved volumes.”