Ecolab First Quarter Reported Diluted EPS $1.01; Adjusted Diluted EPS $1.03, +13%; 2019 Adjusted Diluted EPS Forecast Remains $5.80 to $6.00, +10% to 14%

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Go back to Ecolab First Quarter Reported Diluted EPS $1.01; Adjusted Diluted EPS $1.03, +13%; 2019 Adjusted Diluted EPS Forecast Remains $5.80 to $6.00, +10% to 14%

Ecolab (ECL) Tops Q1 EPS by 1c, Revenues Miss; Affirms FY19 EPS Outlook

April 30, 2019 8:34 AM EDT

Ecolab (NYSE: ECL) reported Q1 EPS of $1.03, $0.01 better than the analyst estimate of $1.02. Revenue for the quarter came in at $3.51 billion versus the consensus estimate of $3.57 billion.

FIRST QUARTER HIGHLIGHTS:

Reported diluted EPS $1.01, +20%.Adjusted diluted EPS $1.03, +13%, excluding special gains and charges and discrete tax items. Currency translation was an unfavorable $0.04 per share.Reported sales +1%. Acquisition adjusted fixed currency sales +3% as strong growth in the Industrial and Other segments more than offset a modest decline in Energy sales.Strong adjusted fixed currency operating margin expansion, +80... More