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Ecolab Quietly Delivers With Second-Quarter 2017 Earnings


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.

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Source: Fool.com

Ecolab Inc. Stock

€244.60
0.740%
The Ecolab Inc. stock is trending slightly upwards today, with an increase of €1.80 (0.740%) compared to yesterday's price.
With 26 Buy predictions and not a single Sell prediction Ecolab Inc. is an absolute favorite of our community.
With a target price of 282 € there is a slightly positive potential of 15.29% for Ecolab Inc. compared to the current price of 244.6 €.
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