Ecolab Quietly Delivers With Second-Quarter 2017 Earnings
Water, hygiene, and energy technology and services leader Ecolab (NYSE: ECL) announced second-quarter 2017 earnings that didn't disappoint. Then again, judging by the immediate reaction of Mr. Market, they didn't necessarily impress, either. Shares were down 3.5% soon after market open.
While there wasn't anything that stood out during the most recent quarter, Ecolab quietly delivered against its stated goals -- and even the expectations of analysts. Revenue, operating income, and earnings per share (EPS) all achieved growth compared to the year-ago period.
The company is still on track to hit its full-year financial guidance. And its beleaguered global-energy business segment even grew sales for the first time in what may feel like forever for shareholders.
Source: Fool.com
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