Ashland reports preliminary financial results for first quarter of fiscal 2019 at upper end of previous guidance; Reaffirms fiscal 2019 financial outlook

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Go back to Ashland reports preliminary financial results for first quarter of fiscal 2019 at upper end of previous guidance; Reaffirms fiscal 2019 financial outlook

Ashland (ASH) Misses Q1 EPS by 1c, Reaffirms outlook

February 5, 2019 5:04 PM EST

Ashland (NYSE: ASH) reported Q1 EPS of $0.14, $0.01 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $576 million versus the consensus estimate of $584.98 million.

GUIDANCE:

Ashland sees Q2 2019 EPS of $0.80-$0.90, versus the consensus of $0.83.

"In summary,... More