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Ecolab Inc (ECL)
NYSE:ECL
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.81Last Year’s EPS
$1.55Same Quarter Last Year
Moderate Buy
Based on 19 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: -6.84%
|Next Earnings Date:Feb 18, 2025
Earnings Call Sentiment|Positive
The earnings call for Ecolab's Q3 2024 was largely positive, with strong growth in earnings and margins, supported by strategic investments in innovation and a strong balance sheet. However, challenges in Europe and the mining segment were noted as areas of concern.Company Guidance
During the Ecolab Q3 2024 earnings call, Christophe Beck highlighted various metrics showcasing the company's strong performance and future guidance. The quarter saw a 19% growth in adjusted earnings, driven by a 4% organic sales growth, with volume growth at 2% and robust value pricing. Gross margin improved by 220 basis points to 43.5%, and the SG&A ratio is expected to decrease from 28% in the first half to 26% in the second half of the year. Operating income grew 22%, with NOI margin expanding by 260 basis points to 17.9%. For the full year 2024, the company anticipates an NOI margin of around 16.5%. Looking ahead, Beck expressed confidence in achieving a 12% to 15% long-term EPS growth, targeting a 20% operating income margin over the next three years. The company is also focusing on growth initiatives in Cleantec, high tech, and biotech, with a strong innovation pipeline valued at nearly $1.5 billion.Strong Adjusted Earnings Growth
Adjusted earnings grew 19% in Q3, driven by volume growth, strong value pricing, and robust operating income margin expansion.
Gross Margin Improvement
Gross margin increased by 220 basis points to 43.5%, supported by strong top-line growth.
Operating Income Growth and Margin Expansion
Operating income grew 22%, and NOI margin expanded by 260 basis points to 17.9%, close to a record for Ecolab.
Healthy Balance Sheet
Record free cash flow and proceeds from the sale of the Surgical Drapes business have put Ecolab in a very strong financial position.
Innovation Pipeline
The 2024 innovation pipeline is at record levels with nearly $1.5 billion focused on Cleantec, high tech, and biotech platforms.
Data Center and Microelectronics Growth
Global High Tech is growing at strong double digits, driven by data center cooling and water solutions for microelectronics.
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ECL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ECL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $255.78 | $253.10 | -1.05% |
| Jul 30, 2024 | $246.71 | $227.75 | -7.69% |
| Apr 30, 2024 | $220.08 | $224.52 | +2.02% |
| Feb 13, 2024 | $201.01 | $219.04 | +8.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ecolab Inc (ECL) report earnings?
Ecolab Inc (ECL) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Ecolab Inc (ECL) earnings time?
Ecolab Inc (ECL) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ECL EPS forecast?
ECL EPS forecast for the fiscal quarter 2024 (Q4) is $1.81.
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