Ashland Expects FY23 Sales Of $2.2B (Consensus $2.22B) And Adjusted EBITDA Of $500M As Announced On June 28
Portfolio Pulse from Benzinga Newsdesk
Ashland has projected its FY23 sales to be $2.2 billion, slightly below the consensus estimate of $2.22 billion. The company also expects its adjusted EBITDA to be $500 million as announced on June 28.
July 25, 2023 | 9:18 pm
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Ashland's FY23 sales projection is slightly below the consensus estimate, which could potentially impact the company's stock negatively in the short term.
Ashland's projected sales for FY23 are slightly below the consensus estimate. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100