logo
Plus   Neg
Share
Email

Ecolab Inc. Q1 adjusted earnings Beat Estimates

Ecolab Inc. (ECL) announced earnings for its first quarter that increased from the same period last year.

The company's bottom line totaled $296.5 million, or $1.01 per share. This compares with $247.3 million, or $0.84 per share, in last year's first quarter.

Excluding items, Ecolab Inc. reported adjusted earnings of $300.3 million or $1.03 per share for the period.

Analysts had expected the company to earn $1.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.2% to $3.51 billion from $3.47 billion last year.

Ecolab Inc. earnings at a glance:

-Earnings (Q1): $300.3 Mln. vs. $266.9 Mln. last year.
-EPS (Q1): $1.03 vs. $0.91 last year.
-Analysts Estimate: $1.02
-Revenue (Q1): $3.51 Bln vs. $3.47 Bln last year.

-Guidance:
Full year EPS guidance: $5.80 to $6.00

For comments and feedback contact: editorial@rttnews.com

Follow RTT