Ecolab (ECL) Q2 Earnings Surpass Estimates, Margins Rise

Ecolab Inc. (ECL) reported second-quarter 2024 adjusted earnings per share (EPS) of $1.68, up 35.5% year over year. The bottom line exceeded the Zacks Consensus Estimate by 1.2%. The year-over-year uptick in the second-quarter organic sales was driven by strong growth in the Institutional & Specialty and Pest Elimination segments and modest growth in the Industrial segment. Effective in the first quarter of 2024, Ecolab has modified its segment reporting, where Global Pest Elimination is now a standalone re ...