Investing.com - Ecolab (NYSE:ECL) reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that was inline with forecasts.
The firm reported earnings per share of $1.28 on revenue of $3.36B. Analysts polled by Investing.com expected EPS of $1.32 on revenue of $3.36B. .
Ecolab shares gained 1.16% to trade at $185.03 in pre-market trade following the report.
For the year, Ecolab shares are down 22.03%, under-performing the S&P 500 which is down 7.65% year to date.
Ecolab follows other major Materials sector earnings this month
On Wednesday, January 26, 2022, Freeport-McMoran reported fourth quarter EPS of $0.96 on revenue of $6.16B, compared to forecasts of EPS of $0.9703 on revenue of $6.44B.
Air Products earnings beat analyst's expectations on Friday, February 4, 2022, with first quarter EPS of $2.52 on revenue of $2.99B. Investing.com analysts expected EPS of $2.5 on revenue of $2.74B
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