18.02.2020 14:34:26

Ecolab Inc. Q4 adjusted earnings Miss Estimates

(RTTNews) - Ecolab Inc. (ECL) reported earnings for its fourth quarter that climbed from last year.

The company's profit came in at $429.6 million, or $1.47 per share. This compares with $395.1 million, or $1.35 per share, in last year's fourth quarter.

Excluding items, Ecolab Inc. reported adjusted earnings of $485.9 million or $1.66 per share for the period.

Analysts had expected the company to earn $1.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.6% to $3.82 billion from $3.76 billion last year.

Ecolab Inc. earnings at a glance:

-Earnings (Q4): $485.9 Mln. vs. $449.1 Mln. last year. -EPS (Q4): $1.66 vs. $1.54 last year. -Analysts Estimate: $1.69 -Revenue (Q4): $3.82 Bln vs. $3.76 Bln last year.

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Ecolab Inc. 226,10 -0,44% Ecolab Inc.