Ecolab Q2 2024 Adj. EPS $1.68 Beats $1.67 Estimate, Sales $3.985B Miss $4.028B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ecolab (NYSE:ECL) reported Q2 2024 adjusted EPS of $1.68, beating the estimate of $1.67, but sales of $3.985 billion missed the $4.028 billion estimate. EPS increased by 35.48% year-over-year, while sales grew by 3.45%.
July 30, 2024 | 12:03 pm
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Ecolab's Q2 2024 adjusted EPS of $1.68 beat the consensus estimate of $1.67, showing a strong 35.48% year-over-year increase. However, sales of $3.985 billion missed the $4.028 billion estimate, growing only 3.45% year-over-year.
While Ecolab's EPS beat expectations and showed significant year-over-year growth, the miss on sales figures may temper investor enthusiasm. The mixed results could lead to a neutral short-term impact on the stock price.
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