Ashland's (ASH) Earnings Beat Estimates in Q3, Sales Lag
ASHAshland(ASH) ZACKS·2024-08-07 19:56

Ashland Inc. (ASH) recorded third-quarter fiscal 2024 (ended Jun 30, 2024) adjusted earnings of 1.49pershare,upfrom1.49 per share, up from 1.23 in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate of 1.47.Salesweredown0.41.47.Sales were down 0.4% year over year to 544 million. The top line missed the Zacks Consensus Estimate of $569 million. Higher volumes within the Personal Care and Specialty Additives segments were partly offset by reduced Life Sciences volumes. Pricing was weaker than the prior-year quarter.Se ...