Want to see CBT full AI Analyst Report?

Cabot (CBT) Earnings Dates, Call Summary & Reports

253 Followers

Earnings Data

Report Date

Aug 10, 2026

After Close (Confirmed)

Period Ending

2026 (Q3)

Consensus EPS Forecast

1.65

Last Year’s EPS

1.9

Same Quarter Last Year

Analyst Consensus

Hold

Based on 4 Analysts Ratings

Earnings Call Summary

Q2 2026

Earnings Call Date:May 05, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call describes a balanced picture: robust cash generation, strong growth and high margins in Battery Materials and better-than-expected Performance Chemicals results, coupled with active shareholder returns and disciplined capital allocation. Offsetting these positives are meaningful near-term headwinds in Reinforcement Materials (EBIT down 29% YoY), input-cost and geopolitical uncertainty, and announced capacity rationalizations with execution costs. Management is taking cost savings, pricing and network optimization actions and reaffirmed full-year guidance, but risks remain if demand softens.

Company Guidance

Cabot reaffirmed fiscal 2026 adjusted EPS guidance of $6.00–$6.50 per share, noting that the range assumes pricing actions will offset higher input costs and that the key variable is customer demand (upper end if demand holds, midpoint assumes modest Q4 moderation, lower end if demand softens); they also expect Reinforcement Materials Q3 sequential EBIT improvement of $5–$7M and Performance Chemicals EBIT to be relatively flat sequentially. Management reiterated full‑year capital expenditures of $200–$230M and a $30M cost‑savings target for fiscal ’26, announced capacity rationalization of ~120,000 metric tons targeting ~ $22M annual run‑rate cost benefit by mid‑calendar 2027 with ~$24M cash cost to execute over 2–3 years, and said Battery Materials should generate roughly $40M of EBITDA in FY26 (trailing‑12‑month EBITDA margin ~24%). Financial flexibility metrics cited include Q2 cash from operations of $77M, discretionary free cash flow of $63M, cash balance $252M, total liquidity of ~ $1.3B, debt $1.3B with net debt/EBITDA of 1.5x; capital returned includes a 5% dividend increase to $1.89 annualized and $100M of share repurchases YTD (including $49M in Q2), $73M returned in the quarter, operating tax rate guidance 27–29%, and targeted pricing actions (up to ~20% in March in certain Specialty Carbons/Compounds) to protect margins.

Strong Cash Generation and Liquidity

Operating cash flow of $77 million and discretionary free cash flow of $63 million in Q2. Cash balance of $252 million and total liquidity of approximately $1.3 billion. Net debt-to-EBITDA of 1.5x provides financial flexibility.

Shareholder Returns and Capital Allocation

Returned $73 million to shareholders in the quarter ($49 million share repurchases, $24 million dividends). Year-to-date share repurchases of $100 million. Announced a 5% increase in the quarterly dividend to an annualized $1.89 per share.

Battery Materials Rapid Growth

Battery Materials revenue grew 43% year-over-year. Trailing 12-month EBITDA margins for the business are ~24%. Company expects Battery Materials to generate approximately $40 million of EBITDA in fiscal 2026 as capacity is fully available to support demand.

Performance Chemicals Outperformance

Performance Chemicals segment EBIT of $59 million, up 18% year-over-year, driven by higher gross profit per ton from favorable product mix and optimization. Volumes increased in Battery Materials and Specialty Carbons product lines.

Network Optimization and Cost Savings

Executing programs targeting $30 million in fiscal 2026 savings (procurement, headcount reductions, process technology) and on track to hit target. Announced targeted capacity rationalization actions expected to deliver ~$22 million annual run-rate cost benefit by mid-2027.

Prudent Capital Spending

Reduced full-year capital expenditure expectation to $200 million–$230 million (Q2 capex $45 million) to align investment with current environment while preserving investment in high-confidence growth projects.

Reaffirmed Full-Year Guidance

Reaffirmed adjusted EPS guidance for fiscal 2026 in the range $6.00 to $6.50 per share, reflecting confidence in cash generation, pricing actions and cost countermeasures despite macro and energy uncertainties.

Strategic Positioning for Data Centers and Energy Storage

Company highlighted strategic role of materials across data center infrastructure and BESS (battery energy storage systems), emphasizing conductive additives, fumed metal oxides and aerogel opportunities tied to AI/data center growth and renewable integration.

Cabot (CBT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CBT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 10, 2026	2026 (Q3)	1.65 / -	1.9	―	―	―
May 05, 2026	2026 (Q2)	1.46 / 1.61	1.9	-15.26% (-0.29)
Feb 03, 2026	2026 (Q1)	1.45 / 1.53	1.76	-13.07% (-0.23)
Nov 03, 2025	2025 (Q4)	1.68 / 1.70	1.8	-5.56% (-0.10)
Aug 04, 2025	2025 (Q3)	1.82 / 1.90	1.92	-1.04% (-0.02)
May 05, 2025	2025 (Q2)	1.85 / 1.90	1.78	6.74% (+0.12)
Feb 03, 2025	2025 (Q1)	1.72 / 1.76	1.56	12.82% (+0.20)
Nov 04, 2024	2024 (Q4)	1.81 / 1.80	1.65	9.09% (+0.15)
Aug 05, 2024	2024 (Q3)	1.72 / 1.92	1.42	35.21% (+0.50)
May 06, 2024	2024 (Q2)	1.66 / 1.78	1.33	33.83% (+0.45)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CBT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 05, 2026	$78.50	$81.97	+4.41%
Feb 03, 2026	$70.48	$77.84	+10.44%
Nov 03, 2025	$64.70	$60.12	-7.07%
Aug 04, 2025	$71.97	$78.20	+8.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cabot Corporation (CBT) report earnings?

Cabot Corporation (CBT) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).

What is Cabot Corporation (CBT) earnings time?

Cabot Corporation (CBT) earnings time is at Aug 10, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CBT EPS forecast?

CBT EPS forecast for the fiscal quarter 2026 (Q3) is 1.65.