Ecolab Second Quarter Reported Diluted Continuing Operations EPS $1.08; Adjusted Diluted Continuing Operations EPS $1.22, +88%
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Ecolab (ECL) Tops Q2 EPS by 1c
July 27, 2021 8:33 AM EDTEcolab (NYSE: ECL) reported Q2 EPS of $1.22, $0.01 better than the analyst estimate of $1.21. Revenue for the quarter came in at $3.16 billion versus the consensus estimate of $3.1 billion.
CEO commentCommenting on the quarter, Christophe Beck, Ecolabs president and chief executive officer, said, We delivered very strong growth in the second quarter consistent with our expectations, led by a doubling in our U.S. Institutional business which significantly outperformed broader industry trends. We leveraged recovering markets with new business wins and new products to deliver very strong 12% acquisition adjusted fixed currency sales growth. These robust... More
