Ecolab Second Quarter Reported Diluted EPS $0.87 Adjusted Diluted EPS $1.08, Flat to Last Year; Includes $0.08 (7%) Currency Headwind

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Go back to Ecolab Second Quarter Reported Diluted EPS $0.87 Adjusted Diluted EPS $1.08, Flat to Last Year; Includes $0.08 (7%) Currency Headwind

Jefferies Raises Price Target on Ecolab (ECL) to $125 Following In-Line 2Q

August 3, 2016 10:46 AM EDT

Jefferies reiterated a Hold rating on Ecolab Inc. (NYSE: ECL), and raised the price target to $125.00 (from $120.00), following the company's 2Q earnings report. Reported EPS of $1.08 was in-line with consensus. Following the results, Ecolab narrowed its 2016 outlook to $4.35-$4.50, compared to consensus of $4.44.

Analyst... More

Citi Upgrades Ecolab Inc. (ECL) to Buy

August 3, 2016 6:37 AM EDT

Citi upgraded Ecolab Inc. (NYSE: ECL) from Neutral to Buy.

For an analyst ratings summary and ratings history on Ecolab Inc. click here. For more ratings news on Ecolab Inc. click here.

Shares of Ecolab Inc. closed at $122.81 yesterday.

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Ecolab (ECL) Reports In-Line Q2 EPS; Narrows Outlook

August 2, 2016 8:33 AM EDT

Ecolab (NYSE: ECL) reported Q2 EPS of $1.08, in-line with the analyst estimate of $1.08. Revenue for the quarter came in at $3.32 billion versus the consensus estimate of $3.32 billion.

GUIDANCE:

Ecolab sees FY2016 EPS of $4.35-$4.50, versus prior guidance of $4.35-$4.55 and the consensus of $4.44.

Douglas M. Baker, Jr., Ecolab chairman and chief executive officer, commented on the quarter, saying, As expected, we continued to show strong organic sales growth and margin expansion in our Institutional, Industrial and Other segments as they outpaced sluggish global markets. These results... More