Ecolab (ECL) Reports In-Line Q1 EPS
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Ecolab First Quarter Reported Diluted Continuing Operations EPS $0.67; Adjusted Diluted Continuing Operations EPS $0.81, -18%; EPS Includes Estimated Unfavorable $0.10 (-10pp) Per Share Impact From Te
April 27, 2021 8:30 AM EDTFIRST QUARTER HIGHLIGHTS:
First quarter results reflected underlying sequential improvement from the fourth quarter offset by supply chain and customer disruptions from the Texas freeze. As previously disclosed, the Texas freeze is expected to have an unfavorable impact of $0.15 per share in full year 2021; the first quarter impact was an estimated $0.10 per share. Reported sales from continuing operations -4% versus last year. Acquisition adjusted fixed currency sales -8% as strong growth in the Healthcare & Life Sciences segment was more than offset by a modest... More