Ecolab (ECL) Tops Q3 EPS by 1c; Revises Outlook
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Ecolab Third Quarter Reported Diluted EPS $1.34; Adjusted Diluted EPS $1.37, +7%; Includes $0.04 Hurricane Impact; Full Year 2017 Adjusted Diluted EPS Forecast Revised to $4.65 to $4.75
October 31, 2017 8:34 AM EDTST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. (NYSE: ECL):
THIRD QUARTER HIGHLIGHTS:
Reported diluted EPS $1.34, +6%. Adjusted diluted EPS $1.37, +7%, excluding special gains and charges and discrete tax items. Hurricane impacts are estimated to have been a negative $0.04 (-3 pp) per share in the quarter. Reported sales +5%. Acquisition adjusted fixed currency sales + 3% with all segments growing. Hurricane impacts estimated to have reduced sales growth by 1%. Pricing, improved sales gains, new product innovation and cost savings... More