) entered a partnership agreement with clinical workflow solutions
Hill-Rom Holdings, Inc.
), though which, the former will take the help of the Hill-Rom Hand
Hygiene Compliance Solution to monitor hand-hygiene compliance in
the healthcare industry.
Hand hygiene is a primary and effective method for preventing
costly and fatal health care-associated infections (HAIs). However,
many hospitals struggle to maintain even 50% compliance with
Hill-Rom Holdings' Hand Hygiene Compliance Solution features ECL
hand-hygiene products and dispensers and integrated it with
Hill-Rom real-time locating solution (RTLS), which will
continuously monitor the patient care environment, reminding key
personnel about hand-washing events, and providing the data to
achieve better compliance.
Hill-Rom Hand Hygiene Compliance Solution debuted at the
Association for Professionals in Infection Control and
Epidemiology's (APIC) 2014 annual conference in Anaheim, CA.
Health-care institutions that have implemented the Hand Hygiene
Compliance Solution have experienced a significant increase in
their hand hygiene compliance.
Currently, Ecolab offers Nexa hands-free dispenser, designed for
the health care environment. It features soaps and sanitizers that
are specifically formulated for the high-frequency hand-hygiene
needs of health care workers.
ECL posted a 23.3% rise in adjusted earnings per share (excluding
special gains and charges) to 74 cents for the first quarter of
2014 from 60 cents in the same quarter of 2013. However, earnings
were flat compared with the Zacks Consensus Estimate.
The rise in adjusted earnings was attributable to strong sales
growth and operating margin gains owing to cost efficiency programs
and synergies. Adjusted net earnings rose 26.4% to $228.2 million
from $180.5 million in the first quarter of 2013.
Revenues grew 16.2% year over year to $3,336.6 million. Adjusted
fixed currency revenues increased 18.2% to $3,309.1 million.
Revenues were slightly above the Zacks Consensus Estimate of $3,320
Adjusted operating earnings rose 23.3% to $386.5 million while
adjusted operating margin went up 70 basis points (bps) to 11.6%
from 10.9% in the 2013-first quarter. In fixed currency, operating
earnings escalated 26.7% to $383.6 million in the
For the second quarter of 2014, ECL expects adjusted gross
margin of 46% and adjusted earnings per share of $1.00 to $1.04.
The Zacks Consensus Estimate of $1.02 lies within the guided range.
For full year 2014, ECL anticipates adjusted gross margin of 47%
and reiterated its higher adjusted earnings per share between $4.10
and $4.20. The Zacks Consensus Estimate of $4.18 for the year lies
within the guided range.
Currently, both ECL and Hill-Rom Holdings carry a Zacks Rank #3
(Hold). Some better-ranked stocks in the industry include
Eagle Pharmaceuticals Inc.
). Both of them carry a Zacks Rank #2 (Buy).
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ECOLAB INC (ECL): Free Stock Analysis Report
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