We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ecolab (ECL) Q2 Earnings Beat Estimates, Revenues Top
Read MoreHide Full Article
Ecolab Inc. (ECL - Free Report) , 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.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Ecolab posted second quarterly adjusted earnings of $1.13 per share which came above the Zacks Consensus Estimate of $1.12. This also came higher than the year-ago quarterly earnings of $1.08.
Sales: Adjusted quarterly net sales were $3.46 billion, up 4% from the year-ago quarter. Also, net sales came above the Zacks Consensus Estimate of $3.40 billion.
Key Stats: Quarterly results were boosted by improved sales gains, new product innovation and cost savings. This more than offset higher delivered product costs in the reported quarter.
Check back later for our full write up on this Ecolab earnings report later!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Ecolab (ECL) Q2 Earnings Beat Estimates, Revenues Top
Ecolab Inc. (ECL - Free Report) , 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 #3 (Hold) but that could change following its second-quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Ecolab posted second quarterly adjusted earnings of $1.13 per share which came above the Zacks Consensus Estimate of $1.12. This also came higher than the year-ago quarterly earnings of $1.08.
Ecolab Inc. Price and EPS Surprise
Ecolab Inc. Price and EPS Surprise | Ecolab Inc. Quote
Sales: Adjusted quarterly net sales were $3.46 billion, up 4% from the year-ago quarter. Also, net sales came above the Zacks Consensus Estimate of $3.40 billion.
Key Stats: Quarterly results were boosted by improved sales gains, new product innovation and cost savings. This more than offset higher delivered product costs in the reported quarter.
Check back later for our full write up on this Ecolab earnings report later!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>