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Ecolab, Inc. Issues Q3 2012 EPS Guidance Below Analysts' Estimates; Sees Q3 2012 Charge Guidance; Lowers High End Of Prior FY 2012 EPS Guidance To A Range In Line With Analysts' Estimates


Tuesday, 31 Jul 2012 08:51am EDT 

Ecolab, Inc. announced that for the third quarter of 2012, it expects adjusted earnings per share (EPS) in the $0.83 to $0.87 range and charges, including restructuring charges, to be a net charge of approximately $0.10 per share, which will be primarily Nalco merger-related and European restructuring charges and integration charges related to the Nalco transaction. For fiscal 2012, it expects adjusted earnings per share (EPS) forecast to $2.95 to $3.02. Ecolab's prior forecast was $2.95 to $3.05. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.92 for the third quarter of 2012; EPS of $3.01 for fiscal 2012. 

Company Quote

107.79
0.76 +0.71%
17 Apr 2014