Investing.com - Ecolab (NYSE:ECL) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.13 on revenue of $3.58B. Analysts polled by Investing.com forecast EPS of $1.06 on revenue of $3.51B. That compared to EPS of $1.03 on revenue of $3.51B in the same period a year earlier. The company had reported EPS of $1.66 on revenue of $3.82B in the previous quarter.
Ecolab shares gained 3.99% to trade at $195.00 in pre-market trade following the report.
For the year, Ecolab shares are down 2.84%, outperforming the S&P 500 which is down 11.29% year to date.
Ecolab follows other major Consumer/Non-Cyclical sector earnings this month
On April 17, Procter&Gamble reported third quarter EPS of $1.17 on revenue of $17.21B, compared to forecasts of EPS of $1.13 on revenue of $17.31B.
Coca-Cola earnings beat analyst's expectations on April 21, with first quarter EPS of $0.51 on revenue of $8.6B. Investing.com analysts expected EPS of $0.44 on revenue of $8.3B
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