Ashland (ASH) is anticipated to ship a year-over-year improve in earnings on decrease revenues when
Ashland (ASH) is anticipated to ship a year-over-year improve in earnings on decrease revenues when it stories outcomes for the quarter ended September 2019. This widely-known consensus outlook provides a superb sense of the corporate’s earnings image, however how the precise outcomes evaluate to those estimates is a strong issue that would influence its near-term inventory worth.
The earnings report, which is anticipated to be launched on November 18, 2019, may assist the inventory transfer larger if these key numbers are higher than expectations. Alternatively, in the event that they miss, the inventory could transfer decrease.
Whereas the sustainability of the rapid worth change and future earnings expectations will principally depend upon administration’s dialogue of enterprise circumstances on the earnings call, it is price handicapping the chance of a optimistic EPS shock.
Zacks Consensus Estimate
This chemical firm is anticipated to publish quarterly earnings of $0.98 per share in its upcoming report, which represents a year-over-year change of +1%.
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