Investing.com - Ecolab (NYSE:ECL) reported first quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.82 on revenue of $3.266B. Analysts polled by Investing.com anticipated EPS of $0.8303 on revenue of $3.19B. .
For the year, Ecolab shares are down 25.14%, under-performing the S&P 500 which is down 9.86% year to date.
Ecolab follows other major Materials sector earnings this month
On Tuesday, Sherwin-Williams reported first quarter EPS of $1.61 on revenue of $5B, compared to forecasts of EPS of $1.54 on revenue of $4.91B.
Freeport-McMoran earnings beat analyst's expectations on Thursday, with first quarter EPS of $1.07 on revenue of $6.6B. Investing.com analysts expected EPS of $0.9308 on revenue of $6.44B
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