Ecolab Guides Q3 Adj. EPS In Line With Estimates - Update

RTTNews | 658 days ago
Ecolab Guides Q3 Adj. EPS In Line With Estimates - Update

(RTTNews) - 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.

On average, 20 analysts polled by Thomson Reuters expect the company to report earnings of $1.47 per share for the quarter. Analysts' estimates typically exclude special items.

The company said it also expects strong organic sales gains and mid-teens growth in adjusted diluted earnings per share in the second half of 2023, despite macroeconomic headwinds.

Looking ahead to fiscal 2023, the company expects robust sales and earnings growth driven by continued pricing and new business gains, improved productivity, and delivered product costs to remain high but ease progressively.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Ecolab Guides Q1 Adj. EPS Above Estimates - Update

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.
RTTNews | 462 days ago
TSX Extends Gains To 10th Straight Session, Hits New Record High

TSX Extends Gains To 10th Straight Session, Hits New Record High

Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.
RTTNews | 43 minutes ago
Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.
RTTNews | 1h 43min ago
U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.
RTTNews | 4h 39min ago