Ecolab Inc. (ECL) has been gaining from its solid product portfolio. The optimism, led by a solid third-quarter 2024 performance, along with solid long-term growth prospects, is expected to contribute further. However, concerns arising from cost fluctuations persist.This Zacks Rank #3 (Hold) stock has rallied 24.7% year to date against the industry’s 12.4% decline. The S&P 500 Composite has increased 25.7% during the same time frame.The renowned water, hygiene and infection prevention solutions and services ...

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I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a pu ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks wit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $1.00 par value 2.625% Euro Notes due 2025 ECL ECL 25 New York Stock Exchange New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...

Financial Data and Key Metrics Changes - The company reported a 19% growth in adjusted earnings for Q3 2024, driven by strong volume growth, value pricing, and operating income margin expansion [6][10] - Organic sales grew by 4%, with volume growth improving to 2% from 1% in the previous quarter [7][20] - Gross margin increased by 220 basis points to 43.5%, while operating income grew by 22% [8][10] Business Line Data and Key Metrics Changes - The Clean Tech segment saw institutional and specialty businesses grow by 7% and 8% respectively, with operating income margins above 20% [11] - The Global High Tech segment, which includes data center cooling and water for microelectronics, is experiencing strong double-digit growth [12] - The Life Sciences business is positioned for significant long-term growth, with a record innovation pipeline of nearly $1.5 billion [12] Market Data and Key Metrics Changes - The company achieved 4% organic growth despite a flat performance in Europe, indicating strong growth in other regions [20] - Volume growth in the Industrial segment was slightly above 1%, while Institutional and Specialty segments saw growth above 3% [70][74] Company Strategy and Development Direction - The company aims to reach a 20% operating income margin target over the next three years, supported by consistent long-term EPS growth of 12% to 15% [10][11] - The "One Ecolab" initiative focuses on leveraging digital technologies to enhance operational performance and environmental impact, targeting a $55 billion penetration opportunity [13][48] - The company is well-positioned for organic and inorganic growth, with a strong balance sheet and a focus on water, digital, and life sciences sectors for potential acquisitions [14][67] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate a challenging operating environment, emphasizing the essential nature of their solutions [7][15] - The company anticipates a return to normal inflationary trends in product costs, but remains focused on volume growth and value pricing to sustain margin expansion [24][25] - Management highlighted the importance of innovation and customer value delivery as key drivers for future growth [12][15] Other Important Information - The company is investing in digital technologies and service capabilities while maintaining SG&A productivity improvements [81] - The Life Sciences segment is expected to grow significantly, with ambitions for double-digit growth in the coming years [85] Q&A Session Summary Question: Volume growth trajectory into Q4 - Management noted a 2% volume growth in Q3, up from 1% in Q2, and expressed optimism about continued growth across various business lines [19][20] Question: Margin expansion drivers amid inflation normalization - Management indicated that margin expansion will depend on volume growth and mix shift towards high-margin businesses, while maintaining focus on SG&A productivity [23][25] Question: Institutional margins and seasonality - Management confirmed exceptional margin performance in the Institutional Specialty segment, with expectations for margins around 22% for the full year [30] Question: Growth in electronics and data centers - Management highlighted both existing and new data centers as sources of growth, emphasizing the importance of water and energy efficiency in these markets [36][39] Question: Deceleration in the Water segment - Management attributed slight deceleration in the Water segment to mining, which is more variable, but overall business trends remain positive [41] Question: Progress of the One Ecolab initiative - Management reported positive feedback from customers regarding the initiative, which aims to penetrate a $5 billion opportunity among the top 35 customers [44][49] Question: Impact of recent hurricanes - Management stated that there was no significant business impact from hurricanes in Q3, thanks to a resilient supply chain [91]

Ecolab Inc. (ECL) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.83, up 18.8% year over year. The bottom line beat the Zacks Consensus Estimate by 0.5%. GAAP EPS for the quarter was $2.58, up 82.9% year over year. Revenue Details Revenues grossed $3.99 billion in the reported quarter, up 1% year over year. The metric missed the Zacks Consensus Estimate by 0.8%. Ecolab's organic sales increased 3.9% from the prior-year period's level. The year-over-year uptick in third-quarter organic sa ...

Ecolab (ECL) reported $4 billion in revenue for the quarter ended September 2024, representing a year-overyear increase of 1%. EPS of $1.83 for the same period compares to $1.54 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $4.02 billion, representing a surprise of -0.65%. The company delivered an EPS surprise of +0.55%, with the consensus EPS estimate being $1.82. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Ecolab (ECL) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 0.55%. A quarter ago, it was expected that this cleaning, food-safety and pest-control services company would post earnings of $1.66 per share when it actually produced earnings of $1.68, delivering a surprise of 1.20%. Over ...