earnings
confidence high
sentiment positive
materiality 0.75
Ecolab Q1 organic sales +13%, adj. EPS $0.88 (+7%), guides Q2 $1.15-$1.25
ECOLAB INC.
2023-Q1 EPS reported
$0.82
revenue$3,571,600,000
- Reported revenue $3.57B (+9% reported, +13% organic); Institutional & Specialty led with 14% organic growth.
- Adjusted diluted EPS $0.88, up 7% YoY; reported EPS $0.82 (+37%).
- Organic operating income rose 19% on strong pricing and productivity, margin expanded 50 bps to 10.6%.
- Q2 adjusted EPS guided $1.15-$1.25, up 5-14% vs $1.10 a year ago; currency & interest a $0.12 headwind.
- 2023 outlook: quarterly adjusted EPS growth expected to accelerate toward low-double-digit historical performance.