Ecolab (ECL) Misses Q4 EPS by 2c; Guides
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Ecolab Fourth Quarter Reported Diluted EPS $1.24; Adjusted Diluted EPS $1.25, +2%; Expects Full Year 2017 Adjusted Diluted EPS of $4.70 to $4.90
February 21, 2017 8:30 AM EST2017 adjusted diluted EPS forecast includes estimated $0.07 (2%) currency headwind
ST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. (NYSE: ECL):
FOURTH QUARTER HIGHLIGHTS:
Reported diluted EPS $1.24 Adjusted diluted EPS $1.25, +2%, and included a $0.02 (2%) currency headwind Solid Global Institutional, Global Industrial and Other segment growth +4%, along with margin expansion, offset an anticipated Global Energy sales decline2017 FORECAST:
2017 adjusted diluted EPS forecast of $4.70 to $4.90, +8% to 12%, as continued solid growth in Global Institutional, Global Industrial and Other segments, along with improving Global Energy segment results, drive performance  Fourth Quarter Ended December 31 (unaudited) ReportedPublic Currency Rates... More