Ashland Q4 Adj EPS $0.41 Misses $0.63 Estimate, Sales $518.00M Miss $528.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ashland (NYSE:ASH) reported Q4 adjusted earnings of $0.41 per share, missing the analyst consensus estimate of $0.63 by 34.92%. This is a 71.92% decrease from the same period last year. The company also reported quarterly sales of $518.00 million, missing the analyst consensus estimate of $528.53 million by 1.99%. This is a 17.91% decrease from the same period last year.
November 08, 2023 | 10:03 pm
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Ashland's Q4 earnings and sales missed estimates, with a significant decrease from the same period last year.
Ashland's earnings and sales both missed estimates and showed a significant decrease from the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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