Ecolab Third Quarter Reported Diluted Continuing Operations EPS $1.12; Adjusted Diluted Continuing Operations EPS $1.38, +20%
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Ecolab Inc. (ECL) PT Raised to $224 at Stifel
October 27, 2021 1:27 PM EDTStifel analyst Shlomo Rosenbaum raised the price target on Ecolab Inc. (NYSE: ECL) to $224.00 (from $205.00) while maintaining a Hold rating.
The analyst commented, "ECL continues to see positive momentum in the business overall, though headwind has increased raw material costs, which is an incremental... More
Ecolab (ECL) Misses Q3 EPS by 2c
October 26, 2021 8:31 AM EDTEcolab (NYSE: ECL) reported Q3 EPS of $1.38, $0.02 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $3.32 billion versus the consensus estimate of $3.3 billion.
2021 Business Outlook:
We expect continued, if uneven, recovery in the U.S. and European markets, with the rest of the world following. We continue to expect strong year-on-year growth in the fourth quarter 2021 led by increased volume and price momentum, and expect these drivers to result in the... More
