Ashland's Q2 Earnings and Revenues Miss Estimates, Down Y/Y

Ashland Global Holdings Inc. (ASH) recorded second-quarter fiscal 2025 (ended March 31, 2025) profit of $31 million or 65 cents, down from$ 120 million or $2.39 in the prior-year quarter.Barring one-time items, adjusted earnings came in at 99 cents, down from the year-ago quarter’s figure of$ 1.27. The bottom line missed the Zacks Consensus Estimate of $1.10.Sales were down 16.7% year over year to$ 479 million. The top line missed the Zacks Consensus Estimate of $508.8 million. Sales for the fiscal second q ...