Ecolab Reports First Quarter Diluted EPS $0.77; Adjusted EPS +8% to $0.80
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Ecolab (ECL) Misses Q1 EPS by 1c; Lowers Outlook
April 28, 2015 8:33 AM EDTEcolab (NYSE: ECL) reported Q1 EPS of $0.80, $0.01 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.36 billion.
Ecolab sees FY2015 EPS of $4.45-$4.60, versus prior guidance of $4.50-$4.70 and the consensus of $4.60.
Commenting on the quarter, Douglas M. Baker, Jr., Ecolabs chairman and chief executive officer, said, We had excellent execution in the quarter and our business performed largely as expected. Our Institutional and Other segments improved over their respective fourth... More
