This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ecolab Delivers Very Strong Second Quarter Adjusted EPS

Ecolab Inc. (NYSE: ECL):

2013 SECOND QUARTER HIGHLIGHTS :

  • Reported diluted EPS $0.69
  • Record adjusted EPS $0.86, +19%, excluding special gains and charges and discrete tax items, driven by solid sales growth, strong operating margin improvement and better than expected results from Champion
  • Reported sales +13%; acquisition adjusted fixed currency sales +6%
 

Second Quarter Ended June 30

(unaudited)
Reported       Adjusted*  
Second Quarter % Second Quarter %
(Millions, except per share)

2013

 

2012

change

2013

 

2012

change

 
Net Sales $ 3,337.8 $ 2,958.7 13 % $ 3,337.8 $ 2,958.7 13 %
Operating Income 352.3 326.5 8 % 441.1 371.2 19 %
Net Income Attributable to Ecolab   213.1   184.5 16 %   265.5   214.5 24 %
 
Diluted Net Income Per Share $ 0.69 $ 0.62 11 % $ 0.86 $ 0.72 19 %

* Operating income, net income and diluted net income per share are adjusted for special gains and charges and discrete tax items.

1 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs