Ecolab Guides Q1 Adj. EPS Above Estimates - Update

RTTNews | 940 days ago
Stocktwits
Ecolab Guides Q1 Adj. EPS Above Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, Ecolab Inc. (ECL) said it expects adjusted earnings for the first quarter in a range of $1.27 to $1.37 per share and adjusted earnings for the full-year 2024 in a range of $6.10 to $6.50 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.12 per share for the quarter and earnings of $6.14 for the year. Analysts' estimates typically exclude special items.

The company said it is confident 2024 will be another strong year for Ecolab, continuing its long-term 12-15% earnings growth trajectory that is amplified by shorter-term benefits from moderately lower delivered product costs.

The company added that it expects another very strong year of operating margin expansion, building upon its success in 2023, and remain confident in its path to deliver on its 20% margin objective over the next few years to drive superior earnings growth and long-term returns for shareholders.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: ECL
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Malaysia Stock Market May Give Up Support At 1,700 Points

Malaysia Stock Market May Give Up Support At 1,700 Points

The Malaysia stock market has finished lower in three sessions, slipping almost 10 points in that span. The Kuala Lumpur Composite Index now sits just above the 1,700-point plateau and it may take further damage again on Friday.
RTTNews | 18 minutes ago
Japan Stock Market May Head South Again On Friday

Japan Stock Market May Head South Again On Friday

The Japan stock market on Thursday snapped the two-day slide in which it had stumbled more than 1,250 points or 1.9 percent. The Nikkei 225 now sits just above the 65,270-point plateau although it may hand back those gains on Friday.
RTTNews | 33 minutes ago
South Korea Shares May Extend Thursday's Losses

South Korea Shares May Extend Thursday's Losses

The South Korea stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had rallied more than 430 points or 6.1 percent. The KOSPI now sits just above the 7,030-point plateau although it may head south again on Friday.
RTTNews | 48 minutes ago
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