13.02.2024 14:05:57 - dpa-AFX: Ecolab Inc. Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Ecolab Inc. (ECL) reported earnings for its fourth
quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $405.2 million, or $1.41 per share. This
compares with $264.4 million, or $0.93 per share, in last year's fourth quarter.

Excluding items, Ecolab Inc. reported adjusted earnings of $444.7 million or
$1.55 per share for the period.

Analysts on average had expected the company to earn $1.54 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 7.4% to $3.94 billion from $3.67
billion last year.

Ecolab Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $405.2 Mln. vs. $264.4 Mln. last year.
-EPS (Q4): $1.41 vs. $0.93 last year.
-Analyst Estimate: $1.54
-Revenue (Q4): $3.94 Bln vs. $3.67 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.27 to $1.37


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ECOLAB INC. DL 1 854545 Frankfurt 207,700 30.05.24 08:14:42 -2,800 -1,33% 207,700 208,700 207,800 210,500

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