UBS Reiterates Buy on Ashland (ASH) Following Mixed 1Q Results
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Ashland (ASH) Issues Preliminary Q1 EPS Above the Street
January 25, 2016 5:23 PM ESTAshland Inc. (NYSE: ASH) announced preliminary financial results for the fiscal first quarter ended December 31, 2015.
Earnings from continuing operations equal $1.38 per diluted share Adjusted earnings from continuing operations were $1.41 per diluted share *** consensus is $1.39Adjusted EBITDA equals $247 million; adjusted EBITDA margin rises 240 basis points to 21.2 percentAshland reported income... MoreAshland (ASH) Tops Q1 EPS by 2c, Offers Outlook
January 25, 2016 5:19 PM ESTAshland (NYSE: ASH) reported Q1 EPS of $1.41, $0.02 better than the analyst estimate of $1.39.
Outlook
Wulfsohn added: "Looking ahead, we should begin to lap some of the headwinds we have been facing as we enter the June quarter. In addition, Valvoline expects continued... More
