Investing.com - Ecolab (NYSE:ECL) reported third quarter earnings that matched analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.71 on revenue of $3.82B. Analysts polled by Investing.com expected EPS of $1.71 on revenue of $3.89B. That compared to EPS of $1.53 on revenue of $3.75B in the same period a year earlier. The company had reported EPS of $1.42 on revenue of $3.76B in the previous quarter.
For the year, Ecolab shares are up 30.02%, outperforming the S&P 500 which is up 22.71% year to date.
Ecolab follows other major Consumer/Non-Cyclical sector earnings this month
On October 22, Procter&Gamble reported first quarter EPS of $1.37 on revenue of $17.8B, compared to forecasts of EPS of $1.24 on revenue of $17.45B.
Coca-Cola earnings matched analyst's expectations on October 18, with third quarter EPS of $0.56 on revenue of $9.5B. Investing.com analysts expected EPS of $0.56 on revenue of $9.43B
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