Ecolab Inc. Q1 Profit Drops, Inline With Estimates

(RTTNews) - Ecolab Inc. (ECL) revealed a profit for first quarter that decreased from the same period last year in line with the Street estimates.

The company's bottom line totaled $402.5 million, or $1.41 per share. This compares with $412.1 million, or $1.43 per share, last year.

Excluding items, Ecolab Inc. reported adjusted earnings of $427.1 million or $1.50 per share for the period.

Analysts on average had expected the company to earn $1.50 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 1.5% to $3.695 billion from $3.751 billion last year.

Ecolab Inc. earnings at a glance (GAAP) :

-Earnings: $402.5 Mln. vs. $412.1 Mln. last year. -EPS: $1.41 vs. $1.43 last year. -Revenue: $3.695 Bln vs. $3.751 Bln last year.

-Guidance: Next quarter EPS guidance: $1.84 to $1.94 Full year EPS guidance: $7.42 to $7.62