Ashland (NYSE:ASH) reported quarterly earnings of $1.08 per share which missed the analyst consensus estimate of $1.24 by 13.11 percent. This is a 14.29 percent decrease over earnings of $1.26 per share from the same period last year. The company reported quarterly sales of $478.000 million which missed the analyst consensus estimate of $480.553 million by 0.53 percent. This is a 8.43 percent decrease over sales of $522.000 million the same period last year.