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Compared to Estimates, Ecolab (ECL) Q4 Earnings: A Look at Key Metrics
Ecolab (ECL - Free Report) reported $3.67 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 9.1%. EPS of $1.27 for the same period compares to $1.28 a year ago.
The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of $3.67 billion. With the consensus EPS estimate being $1.25, the EPS surprise was +1.60%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ecolab performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Ecolab here>>>
Shares of Ecolab have returned -4.2% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.