Ashland reports preliminary financial results for second quarter of fiscal 2018 that exceed previous guidance and raises earnings outlook for the year

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Ashland (ASH) Tops Q2 EPS by 19c, Raises FY EPS Guidance

May 1, 2018 5:04 PM EDT

Ashland (NYSE: ASH) reported Q2 EPS of $1.06, $0.19 better than the analyst estimate of $0.87. Revenue for the quarter came in at $974 million versus the consensus estimate of $956.43 million.

GUIDANCE:

Ashland sees FY2018 EPS of $3.30-$3.50, versus the consensus of $3.17.

For earnings history and earnings-related data on Ashland (ASH) click here.

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