Investing.com - Ashland Global reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ashland Global announced earnings per share of $1.25 on revenue of $609M. Analysts polled by Investing.com anticipated EPS of $0.71 on revenue of $588.6M.
Ashland Global shares are up 4.47% from the beginning of the year and are trading at $79.95 , 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 Sherwin-Williams on Tuesday, October 27, 2020, who reported EPS of $8.29 on revenue of $5.12B, compared to forecasts EPS of $7.79 on revenue of $5.07B.
Vale ADR had missed expectations on Wednesday, October 28, 2020 with third quarter EPS of $0.57 on revenue of $10.76B, compared to forecast for EPS of $0.69 on revenue of $10.81B.
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