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When is the Earnings Report For Ashland Global Holdings Due?

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when is the earnings report for ashland global holdings due 11185
when is the earnings report for ashland global holdings due 11185

As an investor, it’s important to know when Ashland Global Holdings is due to release its earnings report. Ashland files its 10Q’s with the SEC four times a year. In that amount of time, investors have 360 days to determine whether the company is expected to beat their earnings expectations. This is important for self directed investors and those looking to protect their portfolios. Luckily, the company has a calendar of earnings dates, so you’ll always know when to look for the latest news.

This quarter’s results are expected to show that Ashland is doing better than expected. The company recently reported a net income of $36 million, or 65 cents a share. The results exceeded Wall Street’s expectations. Zacks Investment Research had predicted a per-share profit of $1.88. Ashland also posted a revenue of $644 million, higher than the company had previously estimated. The stock has lost about 2.5% so far this year compared to the S&P 500’s 16.8% decline.

Soda ash is a highly competitive commodity, and the market is structurally short of supply. The global supply of soda ash has fallen by two million tons in six months, resulting in higher prices. As a result, prices must increase in order to allocate the scarce tons. The market for soda ash is growing at a normal rate of two to three percent annually. This means that the company’s share price will grow around 20% this year. This will create an opportunity for investors in the stock.

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