Investing.com - Ecolab (NYSE:ECL) reported third quarter earnings that matched analyst's expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.53 on revenue of $3.75B. Analysts polled by Investing.com anticipated EPS of $1.53 on revenue of $3.74B. That compared to EPS of $1.37 on revenue of $3.56B in the same period a year earlier. The company had reported EPS of $1.27 on revenue of $3.69B in the previous quarter.
For the year, Ecolab shares are up 9.23%, outperforming the S&P 500 which is down 1.58% year to date.
Ecolab follows other major Consumer/Non-Cyclical sector earnings this month
On Friday, October 19, 2018, Procter&Gamble (NYSE:PG) reported first quarter EPS of $1.12 on revenue of $16.69B, compared to forecasts of EPS of $1.09 on revenue of $16.45B.
Coca-Cola (NYSE:KO) earnings beat analyst's expectations on Tuesday, with third quarter EPS of $0.58 on revenue of $8.2B. Investing.com analysts expected EPS of $0.55 on revenue of $8.18B
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