Ashland (ASH) Prelim. Q3 Results Top Consensus

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Ashland provides update on fiscal 2020 third-quarter earnings and sets date for fiscal 2020 third-quarter earnings release

July 17, 2020 6:46 AM EDT

WILMINGTON, Del., July 17, 2020 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2020 third-quarter financial results. Additional information regarding third-quarter fiscal earnings will be shared during a conference call webcast with securities analysts on July 29, 2020.

Preliminary fiscal 2020 third-quarter financial results

Ashlands financial results demonstrated resiliency during the quarter, despite the global macroeconomic uncertainty brought on by the COVID-19 pandemic. Sales were approximately $574 million, down 10 percent versus the prior-year period, as strength in many consumer markets was more... More