Cabot fiscal Q3 adjusted EPS slightly beats estimates; names new CEO

CBT•2026-08-03

Cabot tightened fiscal 2026 adjusted EPS guidance to $6.15-$6.45 from $6.00-$6.50
The company reaffirmed expectation of about $40 mln EBITDA for battery materials in fiscal 2026
Cabot said the macroeconomic and geopolitical environment remains dynamic

US specialty chemicals provider's fiscal Q3 adjusted EPS slightly beat analyst expectations
Q3 revenue rose 6% yr/yr to $982 mln
Q3 adjusted EPS was $1.67 versus the consensus estimate of $1.66 (5 analysts)
Q3 net income was $6 mln

Performance chemicals growth - Higher volumes and expanded unit margins, especially in battery materials and fumed metal oxides, drove segment EBIT up 19% yr/yr
Reinforcement materials pressure - Segment EBIT fell 24% yr/yr as lower gross profit per ton from 2026 customer agreements outweighed higher volumes
Battery materials demand - The company said battery materials volumes rose on higher EV and battery energy storage demand and stronger participation with global battery makers
Cabot said it will transition the CEO role to Erica McLaughlin effective October 1, 2026

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