Ashland Inc. (NYSE:ASH) 1Q17 Profit Down 17.7% Beats Street View

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Ashland Inc. (NYSE:ASH) 1Q17 Profit Down 17.7% Beats Street View

Ashland Inc. (NYSE:ASH)

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reported third quarter earnings , after the bell today, that beat street view.
On a GAAP basis, ASH reported loss from continuing operation of $ 1 million or $ 0.01 per share, compared with income of $ 89.00 million or $ 1.35 per share, a year ago period.

Excluding items, the company announced adjusted income from continuing operation of $ 83.00 million or $ 1.16 per share, where as analysts from Thomson Reuters expected $ 0.91 a share.

The company Sales rose 2.58% to $ 1.19 billion, Analysts from Thomson Reuters estimated $ 1.11 billion.