Investing.com - Ashland Global reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ashland Global announced earnings per share of $1.12 on revenue of $574M. Analysts polled by Investing.com anticipated EPS of $0.8 on revenue of $571.32M.
Ashland Global shares are up 2.61% from the beginning of the year and are trading at $78.53 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Ashland Global follows other major Basic Materials sector earnings this month
Ashland Global's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.01 on revenue of $2.07B, compared to forecasts EPS of $1.98 on revenue of $2.06B.
Sherwin-Williams had beat expectations on Tuesday with second quarter EPS of $7.1 on revenue of $4.6B, compared to forecast for EPS of $5.67 on revenue of $4.53B.
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