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Ashland (ASH) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-01-31 01:01
For the quarter ended December 2023, Ashland (ASH) reported revenue of $473 million, down 9.9% over the same period last year. EPS came in at $0.45, compared to $0.97 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $478.44 million, representing a surprise of -1.14%. The company delivered an EPS surprise of +114.29%, with the consensus EPS estimate being $0.21.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...
Ashland (ASH) Q1 Earnings Surpass Estimates
Zacks Investment Research· 2024-01-31 00:16
Ashland (ASH) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 114.29%. A quarter ago, it was expected that this chemical company would post earnings of $0.47 per share when it actually produced earnings of $0.41, delivering a surprise of -12.77%.Over the last four quarters, the compan ...
Ashland reports financial results1 for first quarter fiscal 2024; issues outlook for second quarter and full-year fiscal 2024
Newsfilter· 2024-01-30 22:01
Sales of $473 million, down 10 percent from the prior-year quarterNet income (including discontinued operations) of $26 million, or $0.51 per diluted shareIncome from continuing operations of $28 million, or $0.54 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $23 million, or $0.45 per diluted shareAdjusted EBITDA of $70 millionCash flows provided by operating activities of $201 million; ongoing free cash flow2 of $66 million WILMINGTON, Del., Jan ...
Ashland(ASH) - 2024 Q1 - Quarterly Report
2024-01-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 333-211719 (a Delaware corporation) I.R.S. No. 81-2587835 8145 Blazer Drive Wilmington, Delaware 19808 Telephone Number (302) 995 ...
Ashland board authorizes quarterly dividend
Newsfilter· 2024-01-22 22:01
WILMINGTON, Del., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE:ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock. The dividend is payable on March 15, 2024, to stockholders of record at the close of business on March 1, 2024. As of December 31, 2023, there were 50,094,986 shares of Ashland common stock outstanding. About Ashland  Ashland Inc. (NYSE:ASH) is a global additives and specialty ingredients company with a conscious ...
Ashland sets date for fiscal 2024 first-quarter earnings release and conference call webcast
Newsfilter· 2024-01-16 22:00
WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its first-quarter earnings release at approximately 5 p.m. ET on Tuesday, January 30, 2024. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, January 31, 2024. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor. ...
Ashland sets date for fiscal 2024 first-quarter earnings release and conference call webcast
GlobeNewsWire· 2024-01-16 22:00
WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its first-quarter earnings release at approximately 5 p.m. ET on Tuesday, January 30, 2024. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, January 31, 2024. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor ...
Ashland announces organization changes to finance and strategy, M&A and portfolio teams
Newsfilter· 2024-01-09 12:00
WILMINGTON, Del., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH), the global additives and specialty ingredients company today announced organization changes to its finance and strategy, mergers and acquisitions (M&A) and portfolio teams, effective immediately. Seth Mrozek, director of investor relations (IR), Ashland, becomes director, portfolio strategy, Ashland, reporting to Jim Minicucci, senior vice president strategy, M&A and portfolio management, Ashland.   William Whitaker, vice president ...
Ashland(ASH) - 2023 Q4 - Annual Report
2023-11-16 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ Commission file number 333-211719 ASHLAND INC. Delaware (State or other jurisdiction of incorporation or organization) 81-2587835 (I.R.S. Employer I ...
Ashland(ASH) - 2023 Q3 - Earnings Call Transcript
2023-11-09 19:25
Ashland Inc. (NYSE:ASH) Q3 2023 Earnings Conference Call November 9, 2023 8:00 AM ET Company Participants Seth Mrozek - Director, Investor Relations Guillermo Novo - Chair and Chief Executive Officer Kevin Willis - Senior Vice President and Chief Financial Officer Conference Call Participants David Begleiter - Deutsche Bank John McNulty - BMO Capital Markets Lucas Spector - UBS Group AG John Roberts - Mizuho Securities USA LLC Jeff Zekauskas - JPMorgan Chase & Co. Mike Harrison - Seaport Research Partners L ...