Ecolab Second Quarter Reported Diluted EPS $1.20; Adjusted Diluted EPS $1.27, +13%; Full Year 2018 Adjusted Diluted EPS Forecast $5.30 to $5.50 +13%-18%

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Go back to Ecolab Second Quarter Reported Diluted EPS $1.20; Adjusted Diluted EPS $1.27, +13%; Full Year 2018 Adjusted Diluted EPS Forecast $5.30 to $5.50 +13%-18%

Ecolab (ECL) Reports In-Line Q2 EPS, Revenues Miss; Offers FY18 EPS Mid-Point Outlook Above Consensus

July 31, 2018 8:33 AM EDT

Ecolab (NYSE: ECL) reported Q2 EPS of $1.27, in-line with the analyst estimate of $1.27. Revenue for the quarter came in at $3.69 billion versus the consensus estimate of $3.7 billion.

CEO comment

Commenting on the quarter, Douglas M. Baker, Jr., Ecolabs chairman and chief executive officer said, "Our business continues to improve. We achieved another solid quarter, as strong sales actions and accelerated pricing drove top line growth, delivering 5% acquisition adjusted fixed currency growth. These attractive gains, along with cost efficiencies and a reduced tax rate, more than offset continued rising delivered product costs and... More