Ashland (ASH) Tops Q1 EPS by 32c

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Ashland reports preliminary financial results for first quarter of fiscal year 2021

February 3, 2021 5:00 PM EST

Sales of $552 million, up four percent from the prior-year quarterNet income of $56 million, or $0.91 per diluted shareIncome from continuing operations of $61 million, or $0.99 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $58 million, or $0.94 per diluted shareAdjusted EBITDA of $124 millionCash flows provided by operating activities of $106 million; free cash flows of $76 million

WILMINGTON, Del., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced preliminary1 financial results for the first quarter of fiscal year 2021,... More