Ecolab Sees Q1 2024 Adj. EPS $1.27-$1.37 Vs $1.20 Est.
Portfolio Pulse from Benzinga Newsdesk
Ecolab has projected its adjusted earnings per share (EPS) for Q1 2024 to be between $1.27 and $1.37, surpassing the estimated $1.20.
February 13, 2024 | 1:06 pm
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Ecolab's projected Q1 2024 adjusted EPS of $1.27-$1.37 exceeds analyst expectations of $1.20, indicating potential earnings growth.
Ecolab's higher-than-expected adjusted EPS forecast for Q1 2024 suggests the company is performing better than analysts anticipated. This positive earnings guidance is likely to instill investor confidence, potentially leading to a short-term increase in ECL's stock price.
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IMPORTANCE 90
RELEVANCE 100