Ashland Earnings: Your Sneak Peek to the Big Announcement
Ashland (NYSE:ASH) will report earnings before markets open on Thursday, July 25th. Ashland Inc. is a diversified chemical company. The Company provides products and services to a range of businesses, such as adhesives and sealants, building and construction, merchant marine, metal casting, mining, transportation, water and wastewater treatment industries, and others.
Here is your Cheat Sheet to Ashland Earnings:
Earnings Expectations: Analysts expect earnings of $1.84 per share on revenues of $2.06 billion. Currently, the company’s P/E ratio stands at 224.64.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $2.03 to a profit $1.86. For the current year, the average estimate is a profit of $6.59, which is worse than the estimate ninety days ago.
Here’s how Ashland has been performing on an annual basis:
|Revenue ($) in millions||8,381||8,106||9,012||6,502||8,206|
|Diluted EPS ($)||2.63||0.96||4.18||5.17||0.33|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||2,141.00||2,056.00||1,869.00||1,974.00|
|Diluted EPS ($)||1.90||-3.49||1.26||0.66|
Ashland has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)