Ecolab Inc. (ECL) PT Raised to $224 at Stifel
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Ecolab Third Quarter Reported Diluted Continuing Operations EPS $1.12; Adjusted Diluted Continuing Operations EPS $1.38, +20%
October 26, 2021 8:30 AM EDTTHIRD QUARTER HIGHLIGHTS:
Strong third quarter results leveraged market reopenings with new business wins, new products and accelerated pricing to deliver strong sales and double-digit earnings growth. Reported sales from continuing operations +10% versus last year. Acquisition adjusted fixed currency sales +8% as double-digit growth in the Institutional & Specialty and Other segments along with strong Industrial segment growth more than offset the Healthcare & Life Sciences segments decline versus a very strong gain last year. Reported operating margins from continuing operations +40 bps. Acquisition adjusted fixed currency... More