Ecolab (NYSE:ECL) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $1.05-1.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.16. Ecolab also updated its FY 2020
Pre-Market guidance to 6.33-6.53 EPS.
Shares of NYSE:ECL traded up $2.06 on Wednesday, hitting $209.74. 159,857 shares of the company’s stock were exchanged, compared to its average volume of 1,053,569. The firm’s 50-day moving average is $197.13 and its 200 day moving average is $195.33. The company has a market capitalization of $59.76 billion, a PE ratio of 40.26, a P/E/G ratio of 2.59 and a beta of 0.80. Ecolab has a 1-year low of $163.50 and a 1-year high of $209.87. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.84 and a current ratio of 1.24.
Ecolab (NYSE:ECL) last released its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $1.66 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.70 by ($0.04). The business had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.89 billion. Ecolab had a return on equity of 20.08% and a net margin of 10.27%. The company’s revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.54 earnings per share. On average, analysts anticipate that Ecolab will post 5.86 EPS for the current fiscal year.
Ecolab Inc provides water, hygiene, and energy technologies and services worldwide. The company operates through Global Industrial, Global Institutional, Global Energy, and Other segments. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions primarily to industrial customers within the manufacturing, food and beverage processing, transportation, chemical, primary metals and mining, power generation, pulp and paper, pharmaceutical, and commercial laundry.
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