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Ecolab(ECL) - 2024 Q2 - Earnings Call Presentation
2024-07-30 16:44
ECOLAB Second Quarter 2024 Supplemental Forward-Looking Information This communication contains forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding delivered product costs, and demand; our financial and business performance and prospects, including sales, earnings, margins, pricing, volume, productivity, new business, and investments; the opportunities, savings and c ...
Ecolab (ECL) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-30 14:36
For the quarter ended June 2024, Ecolab (ECL) reported revenue of $3.99 billion, up 3.5% over the same period last year. EPS came in at $1.68, compared to $1.24 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $4.03 billion, representing a surprise of -1.22%. The company delivered an EPS surprise of +1.20%, with the consensus EPS estimate being $1.66. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...
Ecolab (ECL) Q2 Earnings Beat Estimates
ZACKS· 2024-07-30 14:11
Ecolab (ECL) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.20%. A quarter ago, it was expected that this cleaning, food-safety and pest-control services company would post earnings of $1.33 per share when it actually produced earnings of $1.34, delivering a surprise of 0.75%. Over ...
Ecolab(ECL) - 2024 Q2 - Quarterly Results
2024-07-30 12:11
Exhibit 99.1 News Release Investor Contact: Media Contact: Andrew Hedberg (651) 250-2185 Nigel Glennie (651) 250-2576 Cairn Clark (651) 250-2291 ST. PAUL, Minn., July 30, 2024 ECOLAB DELIVERS CONTINUED STRONG PERFORMANCE IN THE SECOND QUARTER REPORTED DILUTED EPS $1.71; ADJUSTED DILUTED EPS $1.68, +35% INCREASED 2024 ADJUSTED DILUTED EPS OUTLOOK: $6.50 - $6.70, +25% - 29% SECOND QUARTER HIGHLIGHTS OUTLOOK | | | | Second Quarter Ended June 30 | | | | | --- | --- | --- | --- | --- | --- | --- | | | Reported | ...
Countdown to Ecolab (ECL) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-07-26 14:20
The upcoming report from Ecolab (ECL) is expected to reveal quarterly earnings of $1.66 per share, indicating an increase of 33.9% compared to the year-ago period. Analysts forecast revenues of $4.03 billion, representing an increase of 4.7% year over year. Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of t ...
Factors Setting the Tone for Ecolab's (ECL) Q2 Earnings
ZACKS· 2024-07-25 16:56
Effective in the first quarter of 2024, Ecolab has modified its segment reporting, where Global Pest Elimination is now a standalone reportable segment. This is expected to provide improved transparency on this high-growth and high-margin business. The Global Industrial segment, comprising the Water, Food & Beverage, Paper and Downstream units, witnessed a sales uptick in the first quarter of 2024. Per the company's first-quarter earnings call in April, the Global Industrial segment has made good underlying ...
BioProcess360 Partners launch dedicated Life Sciences investment fund to grow emerging bioprocessing tools and technologies
Newsfilter· 2024-07-17 09:15
DELRAY BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- BioProcess360 Partners today announced the launch of a new investment fund to support businesses with the growth of emerging tools and technologies used in the bioprocessing of traditional mAbs and newer drug modalities. BioProcess360 Partners will support businesses through R&D and commercialization challenges by combining investment capital, support from industry experts and connections to the leading global biopharmaceutical companies. The fund is led ...
Why Is Ecolab (ECL) Up 0.5% Since Last Earnings Report?
ZACKS· 2024-05-30 16:37
It has been about a month since the last earnings report for Ecolab (ECL) . Shares have added about 0.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Ecolab due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Ecolab Q1 Earnings Surpass Estimates, Margins Rise Ec ...
3 Top Dividend Aristocrats to Ride Out Summertime Blues
zacks.com· 2024-05-28 13:30
What's more, a batch of strong economic data dampened expectations of an interest rate cut soon. S&P Global said that both the manufacturing and service sides of the economy expanded in May. At the same time, weekly jobless claims receded, a tell-tale sign that companies haven't increased the pace of layoffs. Incisive investors should look out for breakout stocks to get unmatched returns. However, stocks mostly trade within a narrow range during the summer months. Profit-taking does take place in the weaker ...
Ecolab and HeiQ introduce synbiotic cleaning products at Interclean
Prnewswire· 2024-05-13 07:00
ZÜRICH, May 13, 2024 /PRNewswire/ -- Ecolab and HeiQ Chrisal have teamed up to launch the revolutionary Maxx Synbiotic cleaning range at Interclean in Amsterdam, The Netherlands. Ecolab, a global sustainability leader offering water, hygiene, and infection prevention solutions and services, and HeiQ Chrisal, a leading biotech innovator, are proudly collaborating to introduce advanced synbiotic cleaning products to the European cleaning industry. At Interclean in Amsterdam, May 14-17, the Maxx Synbiotic rang ...