Investing.com - Ecolab (NYSE:ECL) reported fourth quarter earnings that matched analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.54 on revenue of $3.76B. Analysts polled by Investing.com forecast EPS of $1.54 on revenue of $3.77B. That compared to EPS of $1.39 on revenue of $3.65B in the same period a year earlier. The company had reported EPS of $1.53 on revenue of $3.75B in the previous quarter.
Ecolab shares gained 0.32% to trade at $164.00 in pre-market trade following the report.
Ecolab shares gained 0.32% to trade at $164.00 in pre-market trade following the report.
For the year, Ecolab shares are up 10.95%, under-performing the S&P 500 which is up 12.06% year to date.
Ecolab follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, January 23, 2019, Procter&Gamble reported second quarter EPS of $1.25 on revenue of $17.44B, compared to forecasts of EPS of $1.21 on revenue of $17.16B.
Coca-Cola earnings matched analyst's expectations on Thursday, with fourth quarter EPS of $0.43 on revenue of $7.1B. Investing.com analysts expected EPS of $0.43 on revenue of $7.07B
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