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Ecolab Inc. Q3 adjusted earnings Inline With Estimates

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

The company's profit came in at $464.2 million, or $1.59 per share. This compares with $435.4 million, or $1.48 per share, in last year's third quarter.

Excluding items, Ecolab Inc. reported adjusted earnings of $501.4 million or $1.71 per share for the period.

Analysts had expected the company to earn $1.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.9% to $3.82 billion from $3.75 billion last year.

Ecolab Inc. earnings at a glance:

-Earnings (Q3): $501.4 Mln. vs. $448.3 Mln. last year.
-EPS (Q3): $1.71 vs. $1.53 last year.
-Analysts Estimate: $1.71
-Revenue (Q3): $3.82 Bln vs. $3.75 Bln last year.

Next quarter EPS guidance: $1.64 to $1.74
Full year EPS guidance: $5.80 to $5.90

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