Ecolab Inc. Q4 Profit Decreases, but beats estimates

Ecolab Inc. (ECL) revealed earnings for fourth quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $264.4 million, or $0.93 per share. This compares with $301.0 million, or $1.04 per share, in last year's fourth quarter.

Excluding items, Ecolab Inc. reported adjusted earnings of $363.6 million or $1.27 per share for the period.

Analysts on average had expected the company to earn $1.25 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.2% to $3.67 billion from $3.36 billion last year.

Ecolab Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $264.4 Mln. vs. $301.0 Mln. last year.
-EPS (Q4): $0.93 vs. $1.04 last year.
-Analyst Estimates: $1.25
-Revenue (Q4): $3.67 Bln vs. $3.36 Bln last year.

Next quarter EPS guidance: $0.82 to $0.90

For comments and feedback contact: editorial@rttnews.com

Follow RTT