Ecolab Inc. (NYSE:ECL) is set to announce second quarter earning results on Tuesday 28th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ECL to report 2Q20 income of $ 0.85 per share.
For the full year, analysts anticipate top line of $ 12579.40 million, while looking forward to income of $ 4.76 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 6.33 ~ $ 6.53 per share
Click Here For More Historical Outlooks Of Ecolab Inc.
Previous Quarter Performance
Ecolab Inc. reported income for the first quarter of $ 1.13 per share, from the revenue of $ 3,581.00 million. The quarterly earnings up 9.71 percent while revenues elevated 2.16 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.06 per share from $ 3499.45 million in revenue. The bottom line results beat street analysts by $ 0.07 or 6.60 percent, at the same time, top line results outshined analysts by $ 81.55 million or 2.33 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ECL was $ 212.04, representing a 70.18 % increase from the 52 week low of $ 124.60 and a 8.35 % decrease over the 52 week high of $ 231.36.
The company has a market capital of $ 60.27 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
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Recent Stock Dividend Announcement
On May 7, 2020, the board of directors authorized quarterly dividend of $ 0.47 per share to holders of record as of the close of business on June 16, 2020, with payment date of July 15, 2020 and ex-dividend date on June 15, 2020.
Conference Call
Ecolab Inc. will be hosting a conference call at 1:00 PM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website investor.ecolab.com
Ecolab Inc. provides water, hygiene, and energy technologies and services worldwide. The company operates through Global Industrial, Global Institutional, Global Energy, and Other segments.
