Stock Data
$0.00 (0.00%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
BASIC MATERIALS
Industry
SPECIALTY CHEMICALS
Ashland Inc. is a global leader in providing a wide array of additives and specialty ingredients across various sectors including life sciences, personal care, and specialty additives. With a rich history dating back to 1924, Ashland focuses on delivering innovative solutions such as pharmaceutical ingredients, nutrition and nutraceutical solutions, nature-based personal care ingredients, and advanced materials for industrial applications. Headquartered in Wilmington, Delaware, the company prides itself on its commitment to quality, sustainability, and customer service, catering to diverse markets like food and beverage, construction, pharmaceuticals, and more.
Ashland beat on both lines with EPS of $1.02 and revenue of $497 million, driven by 6% volume growth across all segments and pharma's fifth consecutive quarter of gains, but the company downgraded its annual EPS outlook to low-to-mid-single-digit growth from mid-to-high due to tax headwinds.
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