Investing.com - Ecolab (NYSE:ECL) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.03 on revenue of $3.51B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $3.57B. That compared to EPS of $0.91 on revenue of $3.47B in the same period a year earlier. The company had reported EPS of $1.54 on revenue of $3.76B in the previous quarter.
For the year, Ecolab shares are up 25.15%, outperforming the S&P 500 which is up 18.82% year to date.
Ecolab follows other major Consumer/Non-Cyclical sector earnings this month
On Tuesday, April 23, 2019, Procter&Gamble reported third quarter EPS of $1.06 on revenue of $16.46B, compared to forecasts of EPS of $1.03 on revenue of $16.36B.
Coca-Cola earnings beat analyst's expectations on Tuesday, April 23, 2019, with first quarter EPS of $0.48 on revenue of $8.02B. Investing.com analysts expected EPS of $0.46 on revenue of $7.88B
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