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ECL

Ecolab (ECL) Misses On Earnings In Q4

Ecolab Inc.ECL , founded in 1923 and headquartered in St. Paul, MN, is a leading provider of cleaning, sanitizing, food safety and infection prevention products and services. The company serves the foodservice, food and beverage processing, healthcare, and hospitality markets both in the U.S. as well as internationally. Ecolab's 10 operating units have been aggregated into 4 reportable segments, namely Global Industrial, Global Institutional, Global Energy and Other.

Currently, Ecolab has a Zacks Rank #4 (Sell) but that could change following its fourth-quarter 2016 earnings report which has just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

We have highlighted some of the key details from the just-released announcement below:

Earnings: Ecolab posted fourth quarterly adjusted earnings of $1.25 per share which missed the Zacks Consensus Estimate of $1.27. However this came higher than the year-ago quarterly earnings of $1.22.

Ecolab Inc. Price and EPS Surprise

Ecolab Inc. Price and EPS Surprise | Ecolab Inc. Quote

Sales: Adjusted quarterly net sales were $3.35 billion, down 2% from the year-ago quarter. Also, net sales lagged the Zacks Consensus Estimate of $3.43 billion.

Key Stats: Robust performance from Global Institutional, Global Industrial and Other segments partially offset a weak result in Global Energy segment.

Check back later for our full write up on this Ecolab earnings report later!

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Ecolab Inc. (ECL): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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