Ashland (NYSE:ASH) reported quarterly earnings of $0.99 per share which missed the analyst consensus estimate of $1.10 by 10 percent. This is a 22.05 percent decrease over earnings of $1.27 per share from the same period last year. The company reported quarterly sales of $479.00 million which missed the analyst consensus estimate of $502.65 million by 4.71 percent. This is a 16.70 percent decrease over sales of $575.00 million the same period last year.