Ashland Q3 2024 Adj EPS $1.49 Beats $1.45 Estimate, Sales $544.00M Miss $574.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ashland (NYSE:ASH) reported Q3 2024 adjusted EPS of $1.49, beating the estimate of $1.45. However, sales were $544.00 million, missing the estimate of $574.73 million and showing a slight decrease from last year's $546.00 million.
August 06, 2024 | 9:02 pm
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Ashland's Q3 2024 adjusted EPS of $1.49 beat estimates, but sales of $544.00 million missed expectations and showed a slight year-over-year decline.
While Ashland's EPS beat expectations, the miss on sales and slight year-over-year decline may neutralize the positive impact of the earnings beat. Investors may have mixed reactions.
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