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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Ecolab Inc | NYSE:ECL | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.31 | 0.13% | 235.00 | 236.00 | 234.51 | 236.00 | 874,182 | 01:00:00 |
From May 2023 to May 2024
By Dean Seal
Ecolab provided fourth-quarter earnings guidance that was in line with analyst forecasts.
The water, hygiene and infection-prevention services company said it expects adjusted earnings, which strip out one-time items, of $1.48 to $1.58 a share for the fourth quarter.
Analysts surveyed by FactSet had been projecting $1.49 a share.
Ecolab said it expects to deliver more price growth, volume growth and gross margin expansion to hit that target. Special one-time charges during the fourth quarter, largely related to restructuring, are expected to be about 9 cents a share.
The outlook comes after third-quarter adjusted earnings came in 2 cents above the consensus estimate of analysts polled by FactSet.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
October 31, 2023 08:39 ET (12:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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