Ashland Global HoldingsNYSE: ASH

WILMINGTON, Del., June 18, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) has strengthened its performance  towards environmental, social and governance (ESG) practices and a more just and equitable society through  a relationship with the Fair Wage Network (FWN) to understand living wages for the company's 3,800 global employees. Following a rigorous and thorough process where compensation data for all employees was reviewed on an anonymous basis and steps were taken to remediate any pay gaps, Ashland achieved certification as a Global Living Wage Employer .

Ashland (ASH) reported earnings 30 days ago. What's next for the stock?

Investors seeking stocks with strong potential that are favored by Wall Street may have an easier time finding them now, as the S&P 500 is close to reaching its highest levels in a year. The index has risen almost 12% so far this year, with a nearly 5% increase in the past month.

Here is the performance of Ashland (ASH) and Buenaventura (BVN) compared to their sector in the current year.

Lower prices negatively impacted Ashland's sales during the second quarter of the fiscal year.

Ashland exceeded earnings expectations but predicted ongoing slow revenue growth. The company anticipates improvement in certain end markets and is reducing its dependence on more volatile products.

The key figures for Ashland (ASH) provide a glimpse into the company's performance in the quarter ending March 2024, but it could be beneficial to compare certain important metrics to analyst predictions and the results from the same period last year.

Ashland (ASH) reported earnings of $1.27 per share for the quarter, exceeding the Zacks Consensus Estimate of $1.19 per share. This is lower than the earnings of $1.43 per share reported in the same quarter last year.

Ashland (ASH) reported earnings 30 days ago. What's next for the stock?