Industry and Market Information Industry and market information, including market share data, contained in this presentation are based on management's current estimates of potential opportunities of Ecolab. These estimates have been made in good faith based on management's knowledge and, in some cases, upon industry surveys and other publicly available information. Although we provide the information and estimates based on assumptions we believe to reasonable, there can be no assurance that actual results w ...

Core Insights - Analysts project Corning (GLW) will report quarterly earnings of $0.70 per share, reflecting a 22.8% year-over-year increase, with revenues expected to reach $4.32 billion, an 11.6% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [1][2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [2] Key Metrics Forecast - Analysts estimate 'Net Sales- Display Technologies' at $880.85 million, a decrease of 9.3% year over year [4] - 'Net Sales- Hemlock and Emerging Growth Businesses' is projected at $464.86 million, an increase of 24.6% year over year [4] - 'Net Sales- Specialty Materials' is expected to reach $587.56 million, indicating a 14.1% increase from the prior-year quarter [4] Segment Sales and Income - The consensus for 'Net Sales- Life Sciences' is $249.13 million, showing a slight decline of 0.4% year over year [5] - 'Net Sales- Optical Communications' is forecasted at $1.71 billion, reflecting a 24.8% increase from the year-ago quarter [5] - 'Segment Net Income- Display Technologies' is expected to be $216.95 million, down from $262.00 million in the same quarter last year [5][6] - 'Segment Net Income- Life Sciences' is projected at $17.35 million, compared to $18.00 million a year ago [6] - 'Segment Net Income- Optical Communications' is anticipated to reach $261.29 million, up from $194.00 million last year [6] - 'Segment Net Income- Specialty Materials' is estimated at $98.80 million, compared to $81.00 million in the previous year [7] Stock Performance - Over the past month, Corning's shares have returned +5.2%, outperforming the Zacks S&P 500 composite's +0.6% change [7] - Corning currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [7]

Core Insights - Donaldson Company, Inc. (DCI) reported adjusted earnings of 94 cents per share for Q1 fiscal 2026, surpassing the Zacks Consensus Estimate of 93 cents, reflecting a year-over-year increase of 13.3% [1] - Total revenues reached $935.4 million, exceeding the Zacks Consensus Estimate of $924 million, with a year-over-year growth of 3.9% [2] Revenue Results - Revenue breakdown shows a 0.6% decline in the United States/Canada, while Europe, the Middle East, and Africa saw a 9.1% increase, and Latin America increased by 5.9%. The Asia Pacific region improved by 6.6% [2] - Mobile Solutions segment, accounting for 64% of net sales, generated $598.3 million, up 4.5% year-over-year, with Off-Road sales rising 6.1% and On-Road sales declining 27.1% [3] - Industrial Solutions segment revenues were $257.8 million, a slight increase of 0.1% year-over-year, impacted by a 7.1% decline in Aerospace and Defense [4] - Life Sciences segment revenues increased by 13.1% year-over-year to $79.3 million, driven by new equipment and replacement part sales in the food and beverage sector [4] Margin Profile - Cost of sales rose 4.5% year-over-year to $606.6 million, while gross profit increased by 2.9% to $328.8 million, resulting in a gross margin of 35.2%, down 30 basis points due to inflation and inventory valuation issues [5] - Operating expenses decreased by 4.9% year-over-year to $179.5 million, leading to a 14.2% increase in operating profit to $149.3 million, with an operating margin of 16%, up 150 basis points [5] Balance Sheet & Cash Flow - Cash and cash equivalents at the end of Q1 were $210.7 million, up from $180.4 million in the previous quarter, while long-term debt increased to $671.5 million from $630.4 million [7] - The company generated net cash of $125.4 million from operating activities, a 72% increase year-over-year, with free cash flow rising 154.7% to $122 million [8] FY26 Outlook - For fiscal 2026, DCI expects adjusted EPS in the range of $3.95-$4.11, with sales growth anticipated between 1-5% from fiscal 2025 levels [11] - Segment-wise, Mobile Solutions sales are expected to be flat to increase by 4%, Industrial Solutions by 2-6%, and Life Sciences by 1-5% [12] - Capital expenditure is projected between $65 million and $85 million, with free cash flow conversion expected to be in the range of 85-95% [13]

Core Insights - Alphabet Inc. is a technology conglomerate with a market cap of $3 trillion, overseeing various sectors including search, advertising, and AI, and is set to announce its fiscal Q3 earnings for 2025 on October 29 [1] Financial Performance - Analysts expect Alphabet to report a profit of $2.29 per share for Q3 2025, an 8% increase from $2.12 per share in the previous quarter, with a history of beating Wall Street estimates [2] - For fiscal 2025, Alphabet's expected profit is $9.95 per share, a 23.8% increase from $8.04 per share in fiscal 2024, with further growth anticipated to $10.64 in fiscal 2026 [3] Stock Performance - Alphabet's stock has surged 54.3% over the past 52 weeks, outperforming the S&P 500 Index's 14.5% return and the Communication Services Select Sector SPDR Fund's 27.1% rise [4] - Following the Q2 earnings report, Alphabet's shares increased by 1%, with quarterly revenue rising 13.8% year-over-year to $96.4 billion, surpassing estimates by 18% [5] Analyst Ratings - Wall Street analysts maintain a "Strong Buy" rating for Alphabet, with 42 out of 56 analysts recommending "Strong Buy," and a mean price target of $252.04, indicating a potential upside of 17.1% from current levels [6]

Registration No. 333-290126 Table of Contents As filed with the U.S. Securities and Exchange Commission on September 17, 2025. (State or Other Jurisdiction of Incorporation or Organization) Cayman Islands 6770 98-1853296 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 200 Clarendon Street Boston, Massachusetts 02116 Tel: +1 (617) 516-2000 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices) UNIT ...

Group 1 - Ecolab Inc reported second-quarter adjusted earnings per share of $1.89, missing the analyst consensus estimate of $1.90, while quarterly sales reached $4.025 billion, exceeding the expected $4.016 billion [1] - The company's growth engines, including Life Sciences, Pest Elimination, Global High-Tech, and Ecolab Digital, collectively experienced double-digit sales growth and strong operating income growth, as stated by CEO Christophe Beck [1] - Ecolab reaffirmed its fiscal year 2025 adjusted EPS guidance in the range of $7.42 to $7.62, compared to the $7.50 analyst estimate, and provided third-quarter adjusted EPS guidance of $2.02 to $2.12, against the $2.06 consensus [2] Group 2 - Following the earnings announcement, Ecolab shares increased by 2.1%, trading at $264.70 [2] - Baird analyst Andrew Wittmann upgraded Ecolab from Neutral to Outperform and raised the price target from $273 to $300, while Citigroup analyst Patrick Cunningham maintained a Buy rating but lowered the price target from $320 to $315 [4]

Core Insights - Ashland (ASH) reported a revenue of $463 million for the quarter ended June 2025, reflecting a year-over-year decline of 14.9% and an EPS of $1.04 compared to $1.49 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $468.37 million by 1.15%, and the EPS was also below the consensus estimate of $1.15, resulting in a surprise of -9.57% [1] Revenue Breakdown - Revenue from Intermediates was $33 million, slightly below the average estimate of $34.81 million, marking a year-over-year decline of 8.3% [4] - Revenue from Specialty Additives reached $131 million, exceeding the estimated $123.73 million, but still represented a decline of 12.7% year-over-year [4] - Personal Care revenue was reported at $147 million, slightly above the estimate of $146.57 million, with a year-over-year decrease of 16% [4] - Life Sciences revenue was $162 million, below the average estimate of $169.65 million, showing a year-over-year decline of 16.9% [4] Adjusted EBITDA Performance - Adjusted EBITDA for Life Sciences was $54 million, slightly below the average estimate of $55.16 million [4] - Adjusted EBITDA for Intermediates was reported at $7 million, exceeding the average estimate of $3.48 million [4] - Adjusted EBITDA for Specialty Additives was $26 million, close to the average estimate of $26.25 million [4] - Adjusted EBITDA for Personal Care was $41 million, below the average estimate of $43.05 million [4] Stock Performance - Ashland's shares have returned +1.3% over the past month, underperforming the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance in the near term [3]

Core Insights - Corning reported revenue of $3.68 billion for the quarter ended March 2025, reflecting a year-over-year increase of 12.9% and surpassing the Zacks Consensus Estimate by 3.87% [1] - The company's EPS for the quarter was $0.54, an increase from $0.38 in the same quarter last year, exceeding the consensus estimate of $0.50 by 8.00% [1] Financial Performance - Net Sales in Display Technologies reached $905 million, slightly below the average estimate of $912.96 million, with a year-over-year change of +3.8% [4] - Net Sales in Optical Communications were $1.36 billion, exceeding the estimated $1.27 billion, marking a significant year-over-year increase of +45.7% [4] - Net Sales in Hemlock and Emerging Growth Businesses totaled $244 million, falling short of the average estimate of $321.84 million, representing a year-over-year decline of -21.5% [4] - Net Sales in Life Sciences were $234 million, below the average estimate of $249.16 million, with a slight year-over-year decrease of -0.9% [4] - Net Sales in Specialty Materials reached $501 million, surpassing the average estimate of $468.60 million, reflecting a year-over-year increase of +10.4% [4] Segment Performance - Segment Net Income for Optical Communications was $201 million, exceeding the average estimate of $169.93 million [4] - Segment Net Income for Display Technologies was $243 million, above the average estimate of $221.66 million [4] - Segment Net Income for Life Sciences was $13 million, below the average estimate of $19.50 million [4] - Segment Net Income for Specialty Materials was $74 million, slightly above the average estimate of $72.16 million [4] - Segment Net Income for Hemlock and Emerging Growth Businesses reported a loss of -$16 million, worse than the average estimate of -$7.78 million [4] Stock Performance - Corning's shares have returned -3.7% over the past month, compared to a -0.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Corning (GLW) is expected to report a quarterly earnings per share (EPS) of $0.50, reflecting a 31.6% increase year-over-year, with revenues projected at $3.43 billion, a 5.2% increase from the previous year [1]. Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating stability in analysts' projections [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Forecasts - Analysts project 'Net Sales- Display Technologies' to reach $912.96 million, a year-over-year increase of 4.7% [5]. - 'Net Sales- Optical Communications' is expected to be $1.27 billion, reflecting a significant year-over-year increase of 36.2% [5]. - 'Net Sales- Hemlock and Emerging Growth Businesses' is estimated at $321.84 million, indicating a 3.5% year-over-year change [5]. - 'Net Sales- Specialty Materials' is forecasted at $468.60 million, a 3.2% increase from the prior year [6]. - 'Net Sales- Life Sciences' is expected to be $249.16 million, showing a 5.6% increase from the previous year [6]. - 'Net Sales- Environmental Technologies' is projected to reach $419.24 million, reflecting a decline of 7.9% year-over-year [6]. Segment Net Income Estimates - 'Segment Net Income- Optical Communications' is estimated at $169.93 million, up from $100 million in the same quarter last year [7]. - 'Segment Net Income- Display Technologies' is projected at $221.66 million, compared to $201 million in the same quarter last year [7]. - 'Segment Net Income- Life Sciences' is expected to reach $19.50 million, an increase from $13 million year-over-year [8]. - 'Segment Net Income- Environmental Technologies' is forecasted at $90.91 million, down from $105 million in the previous year [8]. - 'Segment Net Income- Specialty Materials' is estimated at $72.16 million, compared to $44 million in the same quarter last year [9]. Stock Performance - Corning shares have shown a return of -3.7% over the past month, slightly better than the Zacks S&P 500 composite's -4.3% change, with a Zacks Rank of 3 (Hold) indicating expected performance in line with the overall market [10].