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Ecolab's Sales Climb

Profits for the latest quarter meet estimates.


(ECL) - Get Ecolab Inc. Report

reported double-digit increases in earnings and revenue in the third quarter, owing to strong results from its pest control and institutional services divisions.

The company earned 43 cents a share, in line with analysts' estimates. Sales were $1.28 billion, a little better than Wall Street was expecting.

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For the fourth quarter, Ecolab expects earnings of 33 cents to 34 cents a share, up from 27 cents a year ago. For the full year, the company forecast a profit of $1.42 to $1.43. Analysts are expecting earnings on the high end of those estimates.

Ecolab's shares were trading a penny higher at $44.91.