Published on 21 Nov 2023 on Zacks via Yahoo Finance
Ashland Global Holdings Inc. ASH recorded fourth-quarter fiscal 2023 (ending Sep 30, 2023) adjusted earnings of 41 cents per share, down from $1.46 in the prior-year quarter. The bottom line missed the Zacks Consensus Estimate of 47 cents.Sales were down 17.9% year over year to $518 million. The top line matched the Zacks Consensus Estimate. Sales were adversely impacted by lower volumes from customer inventory destocking, partly offset by favorable pricing.
Ashland Inc. Price, Consensus and EPS Surprise
Ashland Inc. price-consensus-eps-surprise-chart | Ashland Inc. Quote