Ecolab (ECL) Misses Q4 EPS by 3c
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Ecolab Fourth Quarter Reported Diluted Continuing Operations EPS $1.04; Adjusted Diluted Continuing Operations EPS $1.28, +4%; Full Year 2022 Outlook Unchanged With Strong Sales and Adjusted Diluted E
February 15, 2022 8:30 AM ESTST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. (NYSE: ECL):
FOURTH QUARTER HIGHLIGHTS:
Continued strong fourth quarter sales growth was partially offset by increased COVID-related effects on broad business activity and a near doubling of delivered product cost inflation (which includes raw materials and freight) and supply constraints compared to the third quarter. Reported sales from continuing operations +10% versus last year. Acquisition adjusted fixed currency sales +9%. Reported diluted EPS from continuing operations $1.04, flat versus last... More