Ashland Global (NYSE:ASH) is scheduled to post its quarterly earnings results after the market closes on Monday, January 29th. Analysts expect Ashland Global to post earnings of $0.47 per share for the quarter. Ashland Global has set its Q1 guidance at $0.35-$0.45 EPS and its FY18 guidance at $3.20-3.40 EPS.
Ashland Global (NYSE:ASH) last posted its quarterly earnings data on Monday, November 6th. The basic materials company reported $0.78 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.09. The company had revenue of $880.00 million during the quarter, compared to the consensus estimate of $869.62 million. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter last year, the company posted $1.52 earnings per share. On average, analysts expect Ashland Global to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Ashland Global (NYSE:ASH) opened at $74.33 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.97 and a quick ratio of 1.31. The firm has a market cap of $4,630.00, a P/E ratio of -43.98, a P/E/G ratio of 2.18 and a beta of 1.11. Ashland Global has a 52-week low of $54.72 and a 52-week high of $74.81.
In other Ashland Global news, CFO J Kevin Willis sold 1,352 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $66.23, for a total value of $89,542.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Peter Ganz sold 3,379 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $70.63, for a total value of $238,658.77. The disclosure for this sale can be found here. In the last ninety days, insiders sold 36,582 shares of company stock valued at $2,633,323. 1.14% of the stock is owned by insiders.
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Ashland Global Company Profile
Ashland Inc is engaged in specialty chemicals, and through Valvoline, is a consumer-branded lubricant supplier. The Company operates in three segments: Ashland Specialty Ingredients (Specialty Ingredients), Ashland Performance Materials (Performance Materials) and Valvoline. Its Specialty Ingredients segment is engaged in providing cellulose ethers, vinyl pyrrolidones and biofunctionals, and consists of two divisions: Consumer Specialties and Industrial Specialties.
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