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Seeking Clues to Ecolab (ECL) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
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Analysts on Wall Street project that Ecolab (ECL - Free Report) will announce quarterly earnings of $2.06 per share in its forthcoming report, representing an increase of 12.6% year over year. Revenues are projected to reach $4.12 billion, increasing 3.1% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Ecolab metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Sales- Global Pest Elimination (Fixed Currency Rates)' at $320.81 million. The estimate indicates a year-over-year change of +3.9%.
Analysts' assessment points toward 'Sales-Global Water(Fixed currency)' reaching $1.94 billion. The estimate suggests a change of -2.6% year over year.
Analysts forecast 'Sales- Global Institutional & Specialty (Fixed Currency rates)' to reach $1.56 billion. The estimate suggests a change of +11% year over year.
Analysts predict that the 'Sales- Global Pest Elimination (Public Currency rates)' will reach $333.75 million. The estimate indicates a year-over-year change of +8.6%.
It is projected by analysts that the 'Sales- Global Institutional & Specialty (Public Currency rates)' will reach $1.58 billion. The estimate points to a change of +13.2% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Sales-Global Water(Public Currency)' of $2.06 billion. The estimate indicates a change of +4.9% from the prior-year quarter.
Analysts expect 'Operating Income- Global Pest Elimination (Fixed Currency Rates)' to come in at $64.63 million. The estimate compares to the year-ago value of $63.10 million.
The combined assessment of analysts suggests that 'Operating Income- Global Institutional & Specialty (Fixed Currency rates)' will likely reach $375.71 million. Compared to the present estimate, the company reported $325.60 million in the same quarter last year.
According to the collective judgment of analysts, 'Operating Income- Corporate (Fixed currency rates)' should come in at -$48.73 million. The estimate compares to the year-ago value of $281.50 million.
The consensus estimate for 'Operating Income -Global Water (Fixed currency)' stands at $351.75 million. The estimate is in contrast to the year-ago figure of $349.10 million.
Based on the collective assessment of analysts, 'Operating Income- Global Pest Elimination (Public Currency rates)' should arrive at $66.55 million. Compared to the current estimate, the company reported $62.80 million in the same quarter of the previous year.
The consensus among analysts is that 'Operating Income-Global Water (Public Currency)' will reach $367.30 million. Compared to the present estimate, the company reported $342.70 million in the same quarter last year.
Over the past month, Ecolab shares have recorded returns of +3.4% versus the Zacks S&P 500 composite's +0.2% change. Based on its Zacks Rank #3 (Hold), ECL will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Seeking Clues to Ecolab (ECL) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Analysts on Wall Street project that Ecolab (ECL - Free Report) will announce quarterly earnings of $2.06 per share in its forthcoming report, representing an increase of 12.6% year over year. Revenues are projected to reach $4.12 billion, increasing 3.1% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Ecolab metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Sales- Global Pest Elimination (Fixed Currency Rates)' at $320.81 million. The estimate indicates a year-over-year change of +3.9%.
Analysts' assessment points toward 'Sales-Global Water(Fixed currency)' reaching $1.94 billion. The estimate suggests a change of -2.6% year over year.
Analysts forecast 'Sales- Global Institutional & Specialty (Fixed Currency rates)' to reach $1.56 billion. The estimate suggests a change of +11% year over year.
Analysts predict that the 'Sales- Global Pest Elimination (Public Currency rates)' will reach $333.75 million. The estimate indicates a year-over-year change of +8.6%.
It is projected by analysts that the 'Sales- Global Institutional & Specialty (Public Currency rates)' will reach $1.58 billion. The estimate points to a change of +13.2% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Sales-Global Water(Public Currency)' of $2.06 billion. The estimate indicates a change of +4.9% from the prior-year quarter.
Analysts expect 'Operating Income- Global Pest Elimination (Fixed Currency Rates)' to come in at $64.63 million. The estimate compares to the year-ago value of $63.10 million.
The combined assessment of analysts suggests that 'Operating Income- Global Institutional & Specialty (Fixed Currency rates)' will likely reach $375.71 million. Compared to the present estimate, the company reported $325.60 million in the same quarter last year.
According to the collective judgment of analysts, 'Operating Income- Corporate (Fixed currency rates)' should come in at -$48.73 million. The estimate compares to the year-ago value of $281.50 million.
The consensus estimate for 'Operating Income -Global Water (Fixed currency)' stands at $351.75 million. The estimate is in contrast to the year-ago figure of $349.10 million.
Based on the collective assessment of analysts, 'Operating Income- Global Pest Elimination (Public Currency rates)' should arrive at $66.55 million. Compared to the current estimate, the company reported $62.80 million in the same quarter of the previous year.
The consensus among analysts is that 'Operating Income-Global Water (Public Currency)' will reach $367.30 million. Compared to the present estimate, the company reported $342.70 million in the same quarter last year.
View all Key Company Metrics for Ecolab here>>>Over the past month, Ecolab shares have recorded returns of +3.4% versus the Zacks S&P 500 composite's +0.2% change. Based on its Zacks Rank #3 (Hold), ECL will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .