Ecolab Inc. (ECL) released a profit for its third quarter that climbed from last year.
The company said its bottom line came in at $384.0 million, or $1.28 per share. This was higher than $368.7 million, or $1.21 per share, in last year's third quarter.
Analysts had expected the company to earn $1.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 6.5% to $3.45 billion. This was down from $3.69 billion last year.
Ecolab Inc. earnings at a glance:
-Earnings (Q3): $384.0 Mln. vs. $368.7 Mln. last year.
-Earnings Growth (Y-o-Y): 4.1%
-EPS (Q3): $1.28 vs. $1.21 last year.
-EPS Growth (Y-o-Y): 5.8%
-Analysts Estimate: $1.28
-Revenue (Q3): $3.45 Bln vs. $3.69 Bln last year.
-Revenue Change (Y-o-Y): -6.5%
-Guidance:
Full year EPS guidance: $4.35 to $4.45
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