Shares of leading sustainability juggernaut (NYSE: ECL) were down 4% at 11 a.m. ET on Tuesday, according to data provided by S&P Global Market Intelligence.

Ecolab reported second-quarter earnings that fell just shy of analysts' expectations, with earnings per share (EPS) just $0.01 short.

However, the market's reaction to this miss may have more to do with Ecolab's lofty valuation of 35 times earnings, especially with minimal sales growth at the moment.

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Source Fool.com