Ecolab (ECL) Q1 Earnings Surpass Estimates, Margins Rise
Ecolab(ECL) Zacks Investment Research·2024-05-01 01:35
Ecolab Inc. (ECL) reported first-quarter 2024 adjusted earnings per share (EPS) of $1.34, up 52.3% year over year. The bottom line exceeded the Zacks Consensus Estimate by 0.8%.GAAP EPS for the quarter was $1.43, up 74.4% year over year.Revenue DetailsRevenues grossed $3.75 billion in the reported quarter, up 5% year over year. The metric topped the Zacks Consensus Estimate by 0.1%.Ecolab’s organic sales increased 4.5% from the prior-year period’s level.The year-over-year uptick in the first-quarter organic ...