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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