Ecolab raises full-year profit forecast after strong Q3 earnings [Yahoo! Finance Canada]
Ecolab Inc. (ECL)
Last ecolab inc. earnings: 4/28 08:30 am
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Source: Yahoo! Finance Canada
reporting a third-quarter profit beat, bolstered by robust demand for its products and lower costs. Ecolab serves industries ranging from manufacturing and food and beverage processing to healthcare and petrochemicals. Manufacturing activity in the United States, Ecolab's primary operating region, rebounded in August, boosted by a recovery in motor vehicle output. Sales from the company's largest segment, global industrial — which provides water treatment and cleaning solutions to large industrial customers — increased to $1.99 billion in the July-September quarter, compared with $1.94 billion a year earlier. The company's global institutional and specialty segment, which provides specialized cleaning and sanitizing products to institutional and specialty clients such as fast-food chains and grocery stores, experienced a 7% increase in sales. It also raised the lower end of its full-year adjusted profit forecast to be in the range of $6.60 per share to $6.70 per share, from
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ECL
Earnings
- 10/29/24 - Beat
ECL
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/19/24 - Form 144/A
- ECL's page on the SEC website