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Cabot Corporation — May 5, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-25-063734
Open on SEC.gov ↗
Showing in the filing
Quarterly dividend
“$0.43 to $0.45 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 5
Quarterly dividend
“$0.43 to $0.45 per share”
Operating tax rate for FY2025
“27% to 29%”
Adjusted EPS for FY2025
“$7.15 to $7.50”
Margin outlook for FY2025
“we will maintain margins similar to our second fiscal quarter”
Share repurchases
“we expect to continue to repurchase shares”
Exhibit 99.1 · the passage around this item
… earlier in the release
  Key Highlights    Diluted EPS of $1.69 and Adjusted EPS of $1.90 which represents a 7% increase in Adjusted EPS compared to the same quarter in the prior year  Reinforcement Materials segment EBIT of $131 million; up 1% sequentially; down 12% compared to the same quarter in the prior year    Performance Chemicals segment EBIT of $50 million; up 11% sequentially; up 61% compared to the same quarter in the prior year    Returned $70 million of cash to shareholders in the second quarter through dividends and share repurchases    Increased quarterly dividend by 5% from $0.43 to $0.45 per share     (In millions, except per share amounts)    Three Months Ended Six Months Ended   3/31/25 3/31/24 3/31/25 3/31/24           Net sales and other operating revenues $ 936 $ 1,019 $ 1,891 $ 1,977 Net income (loss) attributable to Cabot Corporation $ 94 $ 84 $ 187 $ 134                     Net earnings (loss) per share attributable to Cabot Corporation $ 1.69 $ 1.49 $ 3.36 $ 2.37        Less: Certain items after tax per share $ (0.21) $ (0.29) $ (0.30) $ (0.96) Adjusted EPS $ 1.90 $ 1.78 $ 3.66 $ 3.33     Sean Keohane, Cabot President and Chief Executive Officer commented: “I am pleased with our second quarter financial performance where we delivered Adjusted Earnings Per Share of $1.90 Page 1 Exhibit 99.1   which was up 7% compared to the second quarter of fiscal 2024. Our business segments performed in line with our expectations. Reinforcement Materials delivered EBIT of $131 million, which was down 12% year over year from a weaker global demand environment. EBIT in the Performance Chemicals segment increased by 61
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.