Ecolab (ECL) Misses Q1 EPS by 1c, Guides FY EPS In-Line with Views

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Go back to Ecolab (ECL) Misses Q1 EPS by 1c, Guides FY EPS In-Line with Views

Ecolab First Quarter Reported Diluted EPS $0.86 Adjusted Diluted EPS $0.80, +4% Expects Full Year 2017 Adjusted Diluted EPS of $4.70 to $4.90

May 2, 2017 8:15 AM EDT

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

FIRST QUARTER HIGHLIGHTS:

Reported diluted EPS $0.86, +12% Adjusted diluted EPS $0.80, +4%, excluding special gains and charges and discrete tax items Discrete tax items included a $16 million ($0.05 per share) tax benefit resulting from the adoption of accounting changes regarding the treatment of excess tax benefits on share-based compensation (these are not included in our adjusted results) Acquisition adjusted Global Institutional, Global... More