Ecolab (ECL) Reports In-Line Q3 EPS

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Go back to Ecolab (ECL) Reports In-Line Q3 EPS

Ecolab Third Quarter Reported Diluted EPS $1.27; Adjusted Diluted EPS $1.28, Includes $0.09 (7%) Currency Headwind

November 1, 2016 8:31 AM EDT

2016 full-year adjusted EPS forecast narrowed to $4.35 to $4.45, from $4.35 to $4.50

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

THIRD QUARTER HIGHLIGHTS:

Reported diluted EPS $1.27 Adjusted diluted EPS $1.28, as solid sales growth from the Global Institutional, Global Industrial and Other segments, plus lower delivered product costs and cost savings offset a $0.09 (7 percentage point) per share currency headwind Global Institutional, Global Industrial and Other segment acquisition adjusted fixed currency sales +3%, offset by a moderated Global Energy sales decline Adjusted fixed currency operating margin +60 bps Operating cash flow of $1.5 billion year to date, +7%          ... More