Ecolab (ECL) reported quarterly earnings results on Tuesday, Aug-2-2016. The company reported $1.08 EPS for the quarter. Analysts had a consensus estimate of $1.08. The company posted revenue of $3317.00 million in the period, compared to analysts expectations of $3326.45 million. The company’s revenue was down -2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Ecolab closed down -0.75 points or -0.63% at $118.38 with 9,82,683 shares getting traded on Friday. Post opening the session at $118.81, the shares hit an intraday low of $117.61 and an intraday high of $118.855 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Jun 10, 2016, Timothy P Mulhere (EVP & Regions President) sold 3,762 shares at $121.60 per share price. According to the SEC, on May 12, 2016, Bryan L Hughes (Sr. VP & Corporate Controller) sold 6,000 shares at $117.03 per share price. On May 6, 2016, Larry L Berger (Executive VP & CTO) sold 11,590 shares at $116.33 per share price, according to the Form-4 filing with the securities and exchange commission.
Ecolab Inc. provides water hygiene and energy technologies and services. The Company operating segments include Global Industrial Global Institutional Global Energy and Other. The Company’s Global Industrial segment consists of the Water Food and Beverage Paper and Textile Care operating units. Global Institutional segment consists of the Institutional Specialty and Healthcare operating units. The Global Energy segment provides on-site technology-driven solutions to the global drilling oil and gas production refining and petrochemical industries. Other segment consists of the pest elimination and equipment care operating units. The Company’s cleaning and sanitizing programs and products pest elimination services and equipment maintenance and repair services support customers in the foodservice food and beverage processing hospitality healthcare Government and education retail textile care and commercial facilities management sectors in over 170 countries.