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Ashland (NYSE:ASH – Get Free Report) posted its earnings results on Tuesday. The basic materials company reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.12), Briefing.com reports. The company had revenue of $546.00 million for the quarter, compared to analysts’ expectations of $566.64 million. Ashland had a net […]
Ashland Inc. (NYSE:ASH – Free Report) – Equities researchers at Seaport Res Ptn reduced their Q1 2024 earnings per share (EPS) estimates for Ashland in a note issued to investors on Wednesday, June 28th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will earn $1.31 per share for the quarter, […]
Ashland (NYSE:ASH – Free Report) declared that its board has initiated a stock repurchase program on Wednesday, June 28th, RTT News reports. The company plans to buyback $1.00 billion in shares. This buyback authorization permits the basic materials company to purchase up to 21.2% of its shares through open market purchases. Shares buyback programs are […]
Ashland (NYSE:ASH – Free Report) declared that its Board of Directors has initiated a stock buyback program on Wednesday, June 28th, RTT News reports. The company plans to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to buy up to 21.2% of its shares through open market purchases. Shares […]
Ashland Inc. (NYSE:ASH – Get Rating) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 897,100 shares, a growth of 53.3% from the May 15th total of 585,300 shares. Currently, 1.7% of the company’s shares are short sold. Based on an average daily […]