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Ecolab Gains After Beating Q1 Sales Expectations And Raising FY24 Outlook; Divests Surgical Segment For $950M
Ecolab Inc. (NYSE:ECL) shares are gaining on Tuesday after the company reported first-quarter results.
The company reported quarterly adjusted earnings per share of $1.34, which is in line with the street view.
Quarterly sales of $3.752 billion beat the analyst consensus of $3.748 billion.
Sales gained 5% year over year, led by strong growth in the Institutional & Specialty and Pest Elimination segments and modest Industrial segment growth.
The company reported an organic ...