Ashland's (ASH) Earnings & Revenues Surpass Estimates in Q2

Ashland Global Holdings Inc. (ASH) recorded second-quarter fiscal 2024 (ending Mar 31, 2024) profits of $120 million or $2.39 per share, up from $91 million or $1.67 in the prior-year quarter.Barring one-time items, adjusted earnings came in at $1.27 per share, down from the year-ago quarter’s figure of $1.43. The bottom line surpassed the Zacks Consensus Estimate of $1.19.Sales were down 4.6% year over year to $575 million. The top line beat the Zacks Consensus Estimate of $574.2 million. Sales for the fis ...