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Stock impact report

Ecolab Confirms First Quarter Guidance

Ecolab Inc. (ECL) 
Last ecolab inc. earnings: 4/28 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.ecolab.com
Company Research Source: Business Wire
Comments on the expected impact of COVID-19 on full-year results ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. confirmed today its first quarter 2020 adjusted diluted earnings per share guidance range of $1.05 to $1.13, an increase of 2% to 10% compared with $1.03 earned a year ago, with this forecast including an estimated unfavorable $0.05 per share impact from the effects of the COVID-19 pandemic.Ecolab also expects that the slowdown in business activity in its end markets, particularly its restaurant and lodging customers, as a result of COVID-19 will negatively impact full-year results. Ecolab said its prior full year 2020 forecast for adjusted diluted earnings per share of $6.33 to $6.53 included the estimated unfavorable $0.05 per share impact from the effects of the COVID-19 pandemic in the first quarter but, as the company has previously commented, it is not yet able to estimate and forecast the extent of the negative impact on its results of operations for the full year d Show less Read more
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