Cabot Corp Q3 adjusted earnings Inline With Estimates

(RTTNews) - Cabot Corp (CBT) released earnings for its third quarter that rose from the same period last year.

The company's profit came in at $88 million, or $1.40 per share. This compares with $47 million, or $0.73 per share, in last year's third quarter.

Analysts had expected the company to earn $1.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.1% to $854 million from $705 million last year.

Cabot Corp earnings at a glance:

-EPS (Q3): $1.06 vs. $0.83 last year. -Analysts Estimate: $1.06 -Revenue (Q3): $854 Mln vs. $705 Mln last year.