Ashla
Ashland (ASH) got here out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.14 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 30%. 1 / 4 in the past, it was anticipated that this chemical firm would submit earnings of $0.98 per share when it really produced earnings of $0.77, delivering a shock of -21.43%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Ashland, which belongs to the Zacks Chemical – Specialty trade, posted revenues of $533 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 0.54%. This compares to year-ago revenues of $576 million. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
The sustainability of the inventory’s speedy value…