Ashland(ASH)

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Ashland (ASH) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-01 00:35
For the quarter ended March 2025, Ashland (ASH) reported revenue of $479 million, down 16.7% over the same period last year. EPS came in at $0.99, compared to $1.27 in the year-ago quarter.The reported revenue represents a surprise of -5.86% over the Zacks Consensus Estimate of $508.82 million. With the consensus EPS estimate being $1.10, the EPS surprise was -10.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...
Ashland (ASH) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2025-04-30 23:50
Ashland (ASH) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this chemical company would post earnings of $0.20 per share when it actually produced earnings of $0.28, delivering a surprise of 40%.Over the last four quarters, the company has s ...
Ashland(ASH) - 2025 Q2 - Quarterly Results
2025-04-30 21:14
Exhibit 99.1 Ashland reports second quarter fiscal 2025 results and revises full-year outlook WILMINGTON, Del., April 30, 2025 – Ashland Inc. (NYSE: ASH) today announced financial results 1 for the second quarter of fiscal year 2025, which ended March 31, 2025, and revised its full-year fiscal 2025 outlook. Ashland, a global additives and specialty ingredients company, holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings. "O ...
Ashland reports second quarter fiscal 2025 results and revises full-year outlook
GlobeNewswire News Room· 2025-04-30 21:01
Core Insights - Ashland Inc. reported a mixed performance in Q2 FY2025, with sales of $479 million, a 17% decrease from $575 million in the prior year, primarily due to portfolio optimization initiatives [4][21][23] - The company revised its full-year fiscal 2025 outlook, anticipating flattish organic sales volume growth and adjusted EBITDA in the range of $400 million to $420 million [21][23] Financial Performance - Net income for Q2 was $31 million, down from $120 million in the prior year, resulting in diluted earnings per share of $0.63 compared to $2.40 [4][5] - Adjusted EBITDA was $108 million, a 14% decrease from $126 million in the prior year, primarily due to the impact of portfolio optimization and lower organic sales [5][10] - Cash flows from operating activities were $9 million, a decrease from $54 million in the prior-year quarter, with ongoing free cash flow totaling negative $6 million [7][32] Segment Performance - Life Sciences sales totaled $172 million, a 23% decrease year-over-year, primarily due to the divestiture of the Nutraceuticals segment [9][10] - Personal Care sales were $146 million, a 14% decrease, attributed to portfolio optimization and specific customer challenges [11][12] - Specialty Additives reported sales of $134 million, a 15% decrease, driven by portfolio optimization and competitive intensity in export markets [13][14] Cost Management and Optimization - The company has completed its portfolio optimization, which included the sale of Avoca and identified a $30 million cost reduction plan [3][4] - Ashland is focusing on accelerating cost savings from its $60 million manufacturing optimization plans, with early benefits evident in robust EBITDA margins above 30% in Life Sciences and Personal Care [3][4] Tariff and Trade Impact - Ashland is closely monitoring tariff policies and has estimated a tariff impact of $3 to $5 million for the second half of FY2025, increasing to $5 to $7 million annually after mitigation actions [19][20] - The company is implementing strategies to mitigate risks associated with tariffs and global trade policies while focusing on maintaining flexible operations [18][19] Market Outlook - The company anticipates a positive inflection in organic sales volumes in the second half of FY2025, led by Life Sciences, to offset declines experienced in the first half [21][24] - Ashland's strategic priorities include enhancing business mix and improving profitability in response to the evolving demand landscape [22][24]
Earnings Preview: Ashland (ASH) Q2 Earnings Expected to Decline
ZACKS· 2025-04-23 15:07
Ashland (ASH) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 30, 2025, might help the stock move higher if these key numbers are better than expectatio ...
Ashland sets date for second-quarter fiscal 2025 earnings release and conference call webcast
Newsfilter· 2025-04-17 10:30
WILMINGTON, Del., April 17, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its second-quarter fiscal 2025 earnings release at approximately 5 p.m. ET on Wednesday, April 30, 2025. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 10 a.m. ET on Thursday, May 1. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://invest ...
Ashland expands pharmaceutical plant for Aquarius™ tablet coatings and commissions new microbial protection capability in Brazil, demonstrating strategy to globalize, innovate, and invest
GlobeNewswire· 2025-04-01 10:59
Increased production capacity and market presence expected to drive competitive position and organic growth; follows previous investments in Ireland and China Wilmington, Del., April 01, 2025 (GLOBE NEWSWIRE) -- Ashland has completed a 10-million-dollar expansion of its pharmaceutical manufacturing plant in Cabreúva, Brazil and will celebrate the occasion with a ribbon-cutting ceremony on April 4, 2025. The investment significantly expands Ashland's pharmaceutical footprint in the region and capabilities to ...
Ashland to host 2025 Innovation Day for analysts and investors
GlobeNewswire· 2025-03-28 10:59
Core Insights - Ashland Inc. is hosting an Innovation Day on May 29, 2025, to showcase its enhanced technology platforms and commercial opportunities [1][2] - The event will include presentations from Ashland's executive and senior technology team, followed by a Q&A session and a lab tour for in-person attendees [2][3] Event Details - The Innovation Day will take place at Ashland's Bridgewater, New Jersey facility, starting at 9:00 a.m. ET and concluding around 2:00 p.m. ET [3] - Registration is required for attendance, with options for both in-person and live webcast participation [1][3] - In-person attendees will have the opportunity to engage with Ashland's leadership and experience a lab tour showcasing applications in Life Sciences, Personal Care, and Specialty Additives [3] Company Overview - Ashland Inc. is a global company specializing in additives and specialty ingredients, serving various markets including construction, energy, food and beverage, and pharmaceuticals [4] - The company employs approximately 3,200 professionals, including scientists and engineers, dedicated to developing innovative solutions for complex problems [4]
Ashland Wraps Up Divestment of Avoca Business to Mane
ZACKS· 2025-03-18 14:20
Group 1 - Ashland Inc. has completed the divestment of its Avoca business to Mane, effective March 14, 2025, with undisclosed terms [1] - The Avoca business specializes in sclareolide, a fragrance fixative, and offers contract manufacturing from facilities in North Carolina and Wisconsin, being the last remaining business from the Pharmachem acquisition [2] - The divestment aligns with Ashland's strategy to optimize its portfolio, focus on core operations, and improve margins, as the Avoca business faced challenges due to customer shifts towards lower-cost bio-based materials [3] Group 2 - For fiscal 2025, Ashland expects sales to be between $1.90 billion and $2.05 billion, with adjusted EBITDA projected in the range of $430 million to $470 million [4] - Ashland currently holds a Zacks Rank 3 (Hold), with better-ranked stocks in the Basic Materials sector including Ingevity Corporation, Axalta Coating Systems, and Carpenter Technology Corporation [5] - Ingevity's current-year earnings estimate is $4.45 per share, with an average earnings surprise of 202.9% over the past four quarters [6] - Axalta's current-year earnings estimate is $2.51 per share, surpassing estimates in all trailing four quarters with an average surprise of 16.28% [6] - Carpenter Technology's current fiscal-year earnings estimate is $6.95 per share, beating estimates in each of the last four quarters, with shares soaring 168.6% in the past year [7]
Ashland completes sale of Avoca business to Mane
Newsfilter· 2025-03-17 11:00
Core Viewpoint - Ashland Inc. has completed the sale of its Avoca business to Mane, effective March 14, 2025, with financial terms undisclosed [1]. Group 1: Company Overview - Ashland Inc. is a global additives and specialty ingredients company, focusing on environmental, social, and governance (ESG) practices, serving various markets including construction, energy, and pharmaceuticals [5]. - Mane is a leading global producer and supplier of fragrances and flavors, established in 1871, and is recognized as the fastest growing major company in the industry [6][7]. Group 2: Business Details - The Avoca business specializes in supplying sclareolide, a fragrance fixative, and offers contract manufacturing capabilities from facilities in North Carolina and Wisconsin [2]. - The Avoca business line was the last remaining entity from Ashland's previous acquisition of Pharmachem [2]. Group 3: Leadership Statements - Guillermo Novo, CEO of Ashland, expressed gratitude towards Avoca employees for their dedication and wished them success as part of Mane [3]. - Samantha Mane, CEO of Mane, highlighted the acquisition as a reinforcement of their commitment to producing ingredients for the fragrance industry [3].