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0.00654010586319216 0.00595480456026052 -0.000254478827361621 0.00111970684039087 0.000610749185667631 -0.00152687296416944 -0.0043261400651467 -0.000916123778501663
Stock impact report

Ecolab shares jump 4% premarket after earnings beat [MarketWatch]

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: MarketWatch
Ecolab Inc. shares rose 4% premarket, ] after the water, hygiene and energy technology maker beat earnings estimates for the first quarter. St. Paul, Minn.-based Ecolab said it had net income of $283.4 million, or 97 cents a share, in the quarter, down from $296.5 million, or $1.01 a share, in the year-earlier period. Adjusted per-share earnings came to $1.13, ahead of the $1.06 FactSet consensus. Sales rose 2% to $3.581 billion from $3.505 billion, also ahead of the $3.503 billion FactSet consensus. Growth in the company's health care and life sciences segments offset weakness in upstream energy. "We have businesses with increased demand (including Food & Beverage, Healthcare, Food Retail, Life Sciences) and those with much less demand near term (including the Institutional business and Pest Elimination)," Chief Executive Douglas Baker said in a statement. "We expect the major COVID-19 impacts will be felt over the next few quarters and will be net unfavorable on both our top and bot Show less Read more
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