30.04.2024 13:14:21 - dpa-AFX: Ecolab Inc. Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Ecolab Inc. (ECL) announced a profit for its first
quarter that increased from the same period last year and beat the Street
estimates.

The company's bottom line totaled $412.1 million, or $1.43 per share. This
compares with $233.4 million, or $0.82 per share, in last year's first quarter.

Excluding items, Ecolab Inc. reported adjusted earnings of $387.0 million or
$1.34 per share for the period.

Analysts on average had expected the company to earn $1.33 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 5.0% to $3.75 billion from $3.57
billion last year.

Ecolab Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $412.1 Mln. vs. $233.4 Mln. last year.
-EPS (Q1): $1.43 vs. $0.82 last year.
-Revenue (Q1): $3.75 Bln vs. $3.57 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.62 to $1.72
Full year EPS guidance: $6.40 - $6.70


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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% 207,700 208,400 207,800 210,500

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