Ashland's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Ashland (NYSE:ASH) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.87. The company's past performance shows a trend of missing EPS estimates, which has led to drops in share price. Ashland's shares were trading at $77.26 as of November 3, with a 26.5% decrease over the last 52-week period.
November 07, 2023 | 2:02 pm
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Ashland's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has previously led to share price drops. Its shares have decreased by 26.5% over the last 52 weeks.
Ashland's stock price has historically been affected by its earnings reports, particularly when it misses EPS estimates. Given that the company's shares have been on a downward trend, this upcoming earnings report could further impact the stock negatively if the company fails to meet the estimated EPS of $0.87.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100