Ecolab(ECL)
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Ecolab (ECL) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-30 13:11
Ecolab (ECL) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.75%. A quarter ago, it was expected that this cleaning, food-safety and pest-control services company would post earnings of $1.54 per share when it actually produced earnings of $1.55, delivering a surprise of 0.65%.Over ...
Ecolab(ECL) - 2024 Q1 - Quarterly Results
2024-04-30 11:07
Exhibit 99.1 News Release Investor Contact: Media Contact: Andrew Hedberg (651) 250-2185 Nigel Glennie (651) 250-2576 Cairn Clark (651) 250-2291 ECOLAB DELIVERS VERY STRONG FIRST QUARTER PERFORMANCE REPORTED DILUTED EPS $1.43; ADJUSTED DILUTED EPS $1.34, +52% INCREASED 2024 ADJUSTED DILUTED EPS OUTLOOK: $6.40 - $6.70, +23% - 29% FIRST QUARTER HIGHLIGHTS ● Reported sales $3.8 billion, +5% versus last year. Organic sales +5%, led by strong growth in the Institutional & Specialty and Pest Elimination segments, ...
Is Ecolab (ECL) Stock Outpacing Its Basic Materials Peers This Year?
Zacks Investment Research· 2024-04-29 14:46
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Ecolab (ECL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Ecolab is one of 240 companies in the Basic Materials group. The Basic Materials group currentl ...
Factors Setting the Tone for Ecolab's (ECL) Q1 Earnings
Zacks Investment Research· 2024-04-26 18:11
Ecolab, Inc. (ECL) is scheduled to report first-quarter 2024 results on Apr 30, before the opening bell.In the last reported quarter, the company’s earnings per share (EPS) of $1.55 surpassed the Zacks Consensus Estimate by 0.7%. Over the trailing four quarters, its earnings outperformed the Zacks Consensus Estimate on all occasions, delivering an earnings surprise of 1.7%, on average. Let’s see how things have shaped up for Ecolab prior to this announcement.Global IndustrialThe Global Ind ...
Unveiling Ecolab (ECL) Q1 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-25 14:20
The upcoming report from Ecolab (ECL) is expected to reveal quarterly earnings of $1.33 per share, indicating an increase of 51.1% compared to the year-ago period. Analysts forecast revenues of $3.75 billion, representing an increase of 5% 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 this ...
Ecolab (ECL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-23 15:07
Ecolab (ECL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 30. On the ...
Are Basic Materials Stocks Lagging Ecolab (ECL) This Year?
Zacks Investment Research· 2024-04-11 14:46
The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Ecolab (ECL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Ecolab is a member of the Basic Materials sector. This group includes 240 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank consi ...
Ecolab (ECL) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-04-08 23:21
Ecolab (ECL) closed at $226.79 in the latest trading session, marking a -0.42% move from the prior day. This change lagged the S&P 500's daily loss of 0.04%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, added 0.03%.Shares of the cleaning, food-safety and pest-control services company have appreciated by 1.92% over the course of the past month, underperforming the Basic Materials sector's gain of 7.71% and the S&P 500's gain of 2.57%.The investment community will be closely monitoring t ...
Economic benefit of addressing water crisis ‘underappreciated' - analysts
Proactive Investors· 2024-04-08 18:10
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Here's Why You Should Add Ecolab (ECL) to Your Portfolio Now
Zacks Investment Research· 2024-04-04 15:46
Ecolab Inc. (ECL) has been gaining from its focus on research and development (R&D). The optimism, led by a solid fourth-quarter 2023 performance, along with its solid product portfolio, is expected to contribute further. However, concerns arising from cost fluctuations and the possibility of unsuccessful integration persist.This Zacks Rank #1 (Strong Buy) stock has risen 16.1% year to date compared with the industry’s 9.5% growth. The S&P 500 Composite has increased 7.6% during the same time frame.The reno ...