Quarterly ResultAug 3, 2026, 04:44 PM
Cabot Q3 Diluted EPS $0.12, Adjusted EPS $1.67; CEO Transition Announced
AI Summary
Cabot Corporation reported Q3 fiscal year 2026 results with diluted EPS of $0.12 and adjusted EPS of $1.67. The company announced a planned leadership transition, with Erica McLaughlin elected to succeed Sean Keohane as President and CEO effective October 1, 2026. Performance Chemicals segment EBIT increased 19% year-over-year, while Reinforcement Materials EBIT declined 24%. Cabot also tightened its fiscal 2026 Adjusted EPS guidance range to $6.15 to $6.45 per share.
Key Highlights
- Erica McLaughlin to succeed Sean Keohane as President and CEO effective October 1, 2026.
- Q3 fiscal 2026 diluted EPS was $0.12, significantly down from $1.86 in Q3 fiscal 2025.
- Q3 fiscal 2026 adjusted EPS was $1.67, compared to $1.90 in Q3 fiscal 2025.
- Performance Chemicals segment EBIT increased 19% year-over-year to $68 million.
- Reinforcement Materials segment EBIT decreased 24% year-over-year to $97 million.
- Fiscal 2026 Adjusted EPS guidance tightened to $6.15-$6.45 per share.
- Battery Materials product line reaffirms expectation of approximately $40 million EBITDA for fiscal 2026.
- Ended Q3 fiscal 2026 with $250 million cash and $1.3 billion of available liquidity.
Price Impact
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