Tuesday, Ashland Inc. (ASH) said its first-quarter net income was $86 million or $1.10 per share compared with a loss of $119 million or $1.73 per share in the prior year period. Income from continuing operations for the quarter was $76 million or $0.97 per share versus a loss of $119 million or $1.73 per share in the year-ago period. On average, 9 analysts polled by Thomson Reuters expected the company to report earnings of $0.71 per share for the quarter.
Sales for the quarter increased to $2.02 billion from $1.96 billion in the comparable period. Six analysts estimated revenues of $2.00 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.