WASHINGTON (dpa-AFX) - Ecolab Inc. (ECL) reported a profit for its second quarter that Increased from last year but missed the Street estimates.
The company's bottom line came in at $524.2 million, or $1.84 per share. This compares with $490.9 million, or $1.71 per share, last year.
Excluding items, Ecolab Inc. reported adjusted earnings of $539.8 million or $1.89 per share for the period.
Analysts on average had expected the company to earn $1.9 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.0% to $4.03 billion from $3.99 billion last year.
Ecolab Inc. earnings at a glance (GAAP) :
-Earnings: $524.2 Mln. vs. $490.9 Mln. last year. -EPS: $1.84 vs. $1.71 last year. -Revenue: $4.03 Bln vs. $3.99 Bln last year.
-Guidance: Next quarter EPS guidance: $2.02 - $2.12 Full year EPS guidance: $7.42 - $7.62
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