Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Forward Looking Statements Q2 FISCAL 2024 2 | --- | --- | --- | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------| | 1 1 | Q1 GAAP EPS of $0.88; Adjusted EPS 1 of $1.56 Q2 GAAP EPS of $1.49; Adjusted EPS 1 of $1.78 | | | | | 2 2 | Reinforcement Materials segment EBIT of $129 million; up 37% year over year Reinforcement Materials segment EBIT of $149 million; ...

财务数据和关键指标变化 - 第二季度调整后每股收益为1.78美元,较上年同期的1.33美元增长 [28] - 经营活动产生的现金流量为1.76亿美元,其中包括营运资金减少2100万美元 [29] - 资本支出为4300万美元,全年预计为2.5亿美元至2.75亿美元 [30] - 债务余额为12亿美元,净债务/EBITDA比率为1.3倍 [31] - 经营税率为28%,全年预计在27%至29%之间 [31] 各条业务线数据和关键指标变化 加强材料业务 - EBIT为1.49亿美元,较上年同期增加2700万美元,主要由于2024年日历年客户协议定价和产品组合提高,以及销量增加 [39] - 第三季度EBIT预计与第二季度基本持平,预计销量将略有增加,但受到维修成本上升和能源价格下降的影响 [40] 专业化学品业务 - EBIT增加300万美元,主要由于销量增加6%,特别是在特种碳黑和特种化合物产品线 [41] - 第三季度预计销量将略有环比改善,定价将与原材料成本同步 [42] 各个市场数据和关键指标变化 - 美洲地区销量下降,主要是由于南美经济状况以及来自中国的轮胎进口影响 [93][94][95] - 欧洲地区销量增长4%,得益于客户对当地供应的需求 [39] - 亚洲地区销量增长21% [39] 公司战略和发展方向及行业竞争 - 公司在可持续发展领域一直处于领先地位,并有丰富的增长机会管线 [19][20][21][22][23][24][25][26] - 公司将继续保持平衡的资本配置策略,包括投资增长项目和回报股东 [12][13][14][15][16][17][18] - 公司预计2024财年调整后每股收益将在6.65美元至6.85美元之间,较之前指引上调0.20美元 [44][45][46][47][48][50] - 公司看好加强材料业务的增长前景,预计将实现两位数的EBIT增长 [45][46] - 公司看好专业化学品业务的需求改善趋势,预计未来将逐步改善 [41][42][43] 管理层对经营环境和未来前景的评论 - 管理层对公司的战略和执行能力充满信心,对公司的增长前景感到兴奋 [49] - 管理层预计2024财年将继续保持强劲的现金流,并将继续保持平衡的资本配置策略 [48] - 管理层对俄罗斯碳黑出口欧洲的禁令有充分准备,并正在努力为客户提供全球供应支持 [57][58][59] 问答环节重要的提问和回答 问题1 **David Begleiter 提问** 对于7月1日俄罗斯碳黑出口欧洲的禁令,公司是否看到市场或买家行为的进一步变化? [55] **Sean Keohane 回答** 公司预计该禁令将如期生效,并且在过去一年的合同谈判期间,区域供应就是一个重要因素。公司正在尽力从全球资产基础为客户提供支持 [57][58][59] 问题2 **Jeff Zekauskas 提问** 美国市场的碳黑销量连续6个季度下降,您如何看待这一情况? [92] **Sean Keohane 和 Erica McLaughlin 回答** 销量下降主要集中在南美地区,受当地经济状况和来自中国的轮胎进口影响。预计下半年销量将有所恢复,全年在美洲地区的销量预计将与市场预期相符 [93][94][95][96][97] 问题3 **Dan Rizzo 提问** 基础设施法案和CHIPS法案是否为公司带来了任何影响? [109] **Sean Keohane 回答** 目前尚未看到直接影响,但从长远来看,随着这些投资的实施,可再生能源的部署以及电网的更新改造,都将为公司的基础设施应用带来长期利好 [110][111][112][113][114]

Cabot Corporation (CBT) recorded second-quarter fiscal 2024 (ending Mar 31, 2024) earnings of $1.49 per share, up from the year-ago quarter's $1.29.CBT posted adjusted earnings of $1.78 per share, up from the year-ago quarter figure of $1.33. It surpassed the Zacks Consensus Estimate of $1.66.The company’s net sales in the fiscal second quarter were $1,019 million, which missed the Zacks Consensus Estimate of $1,054.1 million. Net sales decreased around 1.4% from the prior-year quarter.Segment HighlightsRei ...

Cabot (CBT) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.23%. A quarter ago, it was expected that this chemical company would post earnings of $1.49 per share when it actually produced earnings of $1.56, delivering a surprise of 4.70%.Over the last four quarters, the company has ...

Key Highlights 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 volu ...

Cabot Corporation (CBT) stated that its application for a $5 million research grant has been selected by the United States Department of Energy ("DOE") under the Bipartisan Infrastructure Law. Cabot and its partners will utilize this money to help the implementation of fuel cells, which generate electricity by emitting only water.Fuel cells play a crucial role in the global transition to electric mobility, particularly in the electrification of long-distance transportation. This significance derives from th ...

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BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications. This new product addresses the unique challenges posed by the heavier weight and higher torque of electric vehicles (EVs) compared to traditional internal combustion engine (ICE) vehicles. The PROPEL E8 grade complements Cabot’s existing solutions ...

A month has gone by since the last earnings report for Cabot (CBT) . Shares have added about 11.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cabot due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Cabot's Earnings and Revenues Beat Estimates in Q1Cabot recorded ...