Ecolab Inc.
Ecolab Inc. Reports Strong Q3 2024 Earnings and Raises Full-Year Guidance
Summary
Ecolab Inc. reported a 1% increase in Q3 2024 net sales to $3.998 billion, with reported diluted EPS of $2.58, beating the consensus expectation of $2.35. The company also raised its full-year 2024 adjusted diluted EPS outlook to a range of $6.60 - $6.70, up from the previous range of $6.50 - $6.70. Ecolab repurchased approximately 1.9 million shares of its common stock during Q3 2024.
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About Ecolab Inc.
Ecolab Inc. is a global leader in water, hygiene, and energy technologies and services. The company provides comprehensive solutions and on-site services to promote safe food, maintain clean environments, optimize water and energy use, and improve operational efficiencies for customers worldwide. Operating across various sectors such as food service, hospitality, healthcare, and industrial markets, Ecolab addresses critical challenges related to public health, resource management, and sustainability. Founded in 1923 and headquartered in St. Paul, Minnesota, Ecolab has grown to serve over three million customer locations in more than 170 countries. By focusing on innovative technologies and personalized services, Ecolab plays a crucial role in enhancing the operational performance and environmental compliance of its clients, ultimately driving industry standards in safety and sustainability.
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