Ecolab Inc. (ECL) reported that its first-quarter net income attributable to the company declined to $49.7 million or $0.17 per share, from $93.6 million or $0.40 per share in the same quarter last year, reflecting the previously announced charges including the Nalco inventory step-up, the early retirement of debt and other integration and restructuring charges.
Adjusted net income attributable to the company rose to $150.3 million or $0.50 per share, from $107.0 million or $0.45 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.48 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter rose to $2.81 billion from $1.52 billion in the prior year quarter. Twelve analysts had consensus revenue estimate of $2.72 billion for the quarter.
Ecolab expects second quarter adjusted earnings per share in the $0.69 to $0.72 range. Analysts polled expect the company to report earnings of $0.73 per share for the second-quarter.
Ecolab continues to expect 2012 full-year adjusted earnings per share in a $2.95 to $3.05 range, representing a 16% to 20% increase over the prior year. Analysts polled expect the company to report earnings of $3.03 per share for fiscal 2012.
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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.