Ashland reports financial results1 for second quarter of fiscal year 2023 and updates fiscal year 2023 financial outlook; announces completion of $200 million share repurchase

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Go back to Ashland reports financial results1 for second quarter of fiscal year 2023 and updates fiscal year 2023 financial outlook; announces completion of $200 million share repurchase

Ashland (ASH) Misses Q2 EPS by 3c; Guides FY23 Revenues Lower

May 2, 2023 5:18 PM EDT

Ashland (NYSE: ASH) reported Q2 EPS of $1.43, $0.03 worse than the analyst estimate of $1.46. Revenue for the quarter came in at $603 million versus the consensus estimate of $629.65 million.

GUIDANCE:

Ashland sees FY2023 revenue of $2.3-2.4 million, versus the consensus of $2.51... More