Cabot: Fiscal Q1 Earnings Snapshot
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Cabot Corp. reported fiscal first-quarter earnings of $50 million, with net income of 88 cents per share. Earnings, adjusted for non-recurring costs, came to $1.56 per share. The chemical company posted revenue of $958 million in the period. Cabot shares have fallen 15% since the beginning of the year. In the last 12 months, shares declined slightly more than 6%. This story was generated by Automated Insights using data from Zacks Investment Research.