Ashland (ASH) Q1 Earnings Surpass Estimates

分组1 - Ashland reported quarterly earnings of $0.45 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, but down from $0.97 per share a year ago, representing an earnings surprise of 114.29% [1] - The company posted revenues of $473 million for the quarter, missing the Zacks Consensus Estimate by 1.14%, and down from $525 million year-over-year [1] - Over the last four quarters, Ashland has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [1] 分组2 - Ashland shares have declined approximately 4.2% since the beginning of the year, while the S&P 500 has gained 3.3% [2] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [2] - The current consensus EPS estimate for the next quarter is $1.06 on revenues of $563.9 million, and for the current fiscal year, it is $3.92 on revenues of $2.14 billion [4] 分组3 - The Zacks Industry Rank for Chemical - Specialty is currently in the bottom 23% of over 250 Zacks industries, indicating potential underperformance compared to the top 50% of ranked industries [4] - Orion, another company in the same industry, is expected to report quarterly earnings of $0.38 per share, reflecting a year-over-year increase of 46.2%, with revenues expected to be $437.71 million, down 5.3% from the previous year [5]