Ecolab Fourth Quarter Reported Diluted Continuing Operations EPS $1.04; Adjusted Diluted Continuing Operations EPS $1.23, -15%; Earnings Show Sequential Improvement From Third Quarter

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Ecolab (ECL) Misses Q4 EPS by 2c, Revenues Miss

February 16, 2021 8:36 AM EST

Ecolab (NYSE: ECL) reported Q4 EPS of $1.23, $0.02 worse than the analyst estimate of $1.25. Revenue for the quarter came in at $3.07 billion versus the consensus estimate of $3.11 billion.

FOURTH QUARTER HIGHLIGHTS:

Fourth quarter earnings showed sequential improvement from the third quarter despite the negative impact from the greater than expected COVID-19 second wave.Reported sales from continuing operations -6% from the year-ago period. Acquisition adjusted fixed currency sales -8% as strong growth in the Healthcare & Life Sciences segment was more than offset by a modest Industrial segment decrease and significant but stabilized... More