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Ecolab Guides Q1 Adj. EPS In Line With Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, Ecolab Inc. (ECL) said it expects adjusted earnings in a range of $0.82 to $0.90 per share.
On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $0.85 per share for the quarter. Analysts' estimates typically exclude special items.
The Company said it also expects double-digit growth in adjusted operating income, driven by continued robust sales growth, easing delivered product cost inflation, and improved productivity.
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Ecolab Guides Q1 Adj. EPS Above Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, Ecolab Inc. (ECL) said it expects adjusted earnings for the first quarter in a range of $1.27 to $1.37 per share and adjusted earnings for the full-year 2024 in a range of $6.10 to $6.50 per share.
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While reporting financial results for the second quarter on Tuesday, Ecolab Inc. (ECL) said it expects adjusted earnings for the third quarter in a range of $1.45 to $1.55 per share.
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Ecolab Inc. (ECL) reported Tuesday that net income attributable to Ecolab for the second quarter of $308.3 million or $1.08 per share, compared to $310.8 million or $1.08 per share in the prior-year quarter.
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Business morale in Germany rebounded more than expected in October as companies' expectations were the strongest in over three-and-a-half years, though they gave a weaker assessment of the current situation for a third month in a row, results of a closely watched survey by the ifo institute showed on Monday.
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Bay Street May Open On Mixed Note
The Canadian market is likely to open on a mixed note on Monday. Easing worries about U.S.-China trade tensions may aid sentiment, while weak commodity prices could weigh on resources stocks and limit market's upside, if any.
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FTSE 100 Moves In Tight Band; Fresnillo Down Sharply
UK stocks are moving in a tight range on Monday with investors mostly making cautious moves, looking ahead to the monetary policy meetings of the Federal Reserve, the European Central Bank and the Bank of Japan.
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French Stocks Turning In Mixed Performance; CAC Up Marginally
After a slightly positive start and a subsequent drop, France's CAC 40 has edged up a bit on Monday with investors digesting earnings updates and the regional economic data, and looking ahead to the monetary policy announcements from the European Central Bank and the Federal Reserve this week.
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