Ecolab Q3 Adj. EPS $1.54 vs $1.52 Est., Net Sales $3.9581B vs $4.006B Est.
Portfolio Pulse from Benzinga Newsdesk
Ecolab has reported its Q3 results, with an adjusted EPS of $1.54, beating the estimate of $1.52. However, its net sales of $3.9581 billion fell short of the estimated $4.006 billion.
October 31, 2023 | 12:01 pm
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Ecolab's Q3 adjusted EPS beat estimates, but net sales missed expectations.
Ecolab's Q3 results are mixed, with a higher than expected EPS, indicating profitability, but lower than expected net sales, suggesting lower revenue. This could lead to a neutral short-term impact on the stock as the market weighs the positive and negative aspects of the report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100