Cleaning & Restoration Breaking News

Ecolab Posts Increased Q4 Profits

New York (Reuters) -- Maintenance services and supplies company Ecolab Inc. says its fourth-quarter earnings rose 10%, just missing analysts' revised estimates, on strong growth in both domestic and international operations.

The St. Paul, Minn.-based company, which develops cleaning, pest elimination and repair products for the hospitality and industrial markets, said that, excluding unusual items, it earned $47 million, or 36 cents a share, for the quarter.

Including gains, the company said it earned $54.8 million, or 42 cents per share, compared with $42.3 million, or 32 cents per diluted share, a year earlier.

Wall Street analysts, who revised their estimates after the company offered lower guidance, on average had been expecting Ecolab to earn 37 cents per share, according to research firm First Call/Thomson Financial.

The company had earlier said that its earnings would rise to 36 cents per share, blaming the slowing economy and currency troubles, and analysts readjusted their earnings estimates from 38 cents per share.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.



Image Galleries

The 2014 Experience Conference and Exhibition

A look in photos at the 2014 Experience Conference and Exhibition, which was held from April 24-26 at the Embassy Suites Convention Center and Spa in Frisco, Texas.


Beginning April 21, Google will start judging websites based on their mobile friendliness. What exactly does this mean to you cleaning website? Find out in the latest edition of The Hitman Advertising Show, which will also cover tips and suggestions on getting mobile compliant.
More Podcasts

ICS Cleaning Specialist Magazine


2015 April

The April ICS issue features content on concrete polishing, green cleaning, air duct cleaning, injection sprayers and new products.

Table Of Contents Subscribe

Janitorial Work

In addition to residential and commercial carpet cleaning, do you do any janitorial work on the side?
View Results Poll Archive


The Carpet Cleaner's Book of Unlimited Success! (ebook)

Don’t worry about the recession or about your competition.  Now you can be the owner of over 400 ways for carpet cleaning professionals to make more money and get more jobs!

More Products


Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view


facebook_40.png twitter_40px.png youtube_40px.png


Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view