Ashland (ASH) Tops Q3 EPS by 13c
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Ashland reports preliminary financial results for third quarter of fiscal 2017
August 1, 2017 5:28 PM EDTLoss from continuing operations attributable to Ashland was $0.26 per diluted share, compared to earnings of $0.38 per diluted share in the year-ago period; Operating income totaled $37 million, versus $57 million a year ago Adjusted earnings per share attributable to Ashland were $0.83, up 6 percent from $0.78 a year ago; Adjusted EBITDA totaled $161 million, compared to $167 million a year ago Acquisition of Pharmachem, completed ahead of schedule, was accretive to earnings in the quarter and strengthens Ashland's specialty products portfolio  ... More
