Ashland Inc (ASH, Financial) is set to release its Q4 2024 earnings on Nov 6, 2024. The consensus estimate for Q4 2024 revenue is $524.07 million, and the earnings are expected to come in at $1.04 per share. The full year 2024's revenue is expected to be $2.12 billion and the earnings are expected to be $3.61 per share. More detailed estimate data can be found on the Forecast page.
Ashland Inc (ASH, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Ashland Inc (ASH) have seen a decline, with projections for the full year 2024 dropping from $2.19 billion to $2.12 billion, and the 2025 estimates decreasing from $2.29 billion to $2.12 billion. Conversely, earnings estimates have shown mixed trends; for the full year 2024, estimates have increased from $2.98 per share to $3.61 per share, while for 2025, they have declined from $4.23 per share to $3.96 per share.
Ashland Inc (ASH, Financial) Reported History
In the previous quarter of June 30, 2024, Ashland Inc's (ASH) actual revenue was $544 million, which missed analysts' revenue expectations of $574.73 million by -5.35%. Ashland Inc's (ASH) actual earnings were $0.12 per share, which missed analysts' earnings expectations of $1.14 per share by -89.68%. After releasing the results, Ashland Inc (ASH) was down by -9.57% in one day.
Ashland Inc (ASH, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 9 analysts, the average target price for Ashland Inc (ASH) is $102.33 with a high estimate of $110 and a low estimate of $92. The average target implies an upside of 19.94% from the current price of $85.32.
Based on GuruFocus estimates, the estimated GF Value for Ashland Inc (ASH, Financial) in one year is $100.87, suggesting an upside of 18.23% from the current price of $85.32.
Based on the consensus recommendation from 11 brokerage firms, Ashland Inc's (ASH, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
