Ecolab (ECL) Tops Q1 EPS by 1c

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Ecolab Reported and Adjusted First Quarter Diluted EPS $0.77; Adjusted Diluted EPS -4% Including $0.11 (14%) Currency Headwind

May 3, 2016 8:30 AM EDT

2016 full-year adjusted EPS forecast remains $4.35 to $4.55

ST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. (NYSE: ECL):

FIRST QUARTER HIGHLIGHTS:

Reported diluted EPS $0.77 Adjusted diluted EPS also $0.77, -4%, excluding special gains and charges and discrete tax items, as lower delivered product costs, cost savings and lower shares partially offset an $0.11 (14%) per share currency headwind Reported sales -6%; acquisition adjusted fixed currency sales -2% Strong Global Institutional, Global... More