Ecolab Inc. (ECL) reported a profit for fourth quarter that missed the Street estimates.
The company's bottom line came in at $301.0 million, or $1.04 per share. This compares with $300.3 million, or $1.04 per share, in last year's fourth quarter.
Excluding items, Ecolab Inc. reported adjusted earnings of $369.3 million or $1.28 per share for the period.
Analysts on average had expected the company to earn $1.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 9.1% to $3.35 billion from $3.07 billion last year.
Ecolab Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $301.0 Mln. vs. $300.3 Mln. last year.
-EPS (Q4): $1.04 vs. $1.04 last year.
-Analyst Estimates: $1.31
-Revenue (Q4): $3.35 Bln vs. $3.07 Bln last year.
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