U.S. Markets closed

Free Post Earnings Research Report: Ecolab’s Q1 EPS Surged 80% Y-o-Y

Stock Monitor: Aemetis Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 21, 2018 / If you want access to our free earnings report on Ecolab Inc. (NYSE: ECL), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ECL. The Company posted its financial results on May 01, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). The Saint Paul, Minnesota-based Company's net sales and adjusted diluted earnings per share (EPS) rose 10% and 14% y-o-y, respectively, beating market consensus estimates. Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Aemetis, Inc. (NASDAQ: AMTX), which also belongs to the Basic Materials sector as the Company Ecolab. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=AMTX

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Ecolab most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=ECL

Earnings Highlights and Summary

For Q1 FY18, Ecolab's net sales increased to $3.47 billion from $3.16 billion in Q1 FY17. The Company's net sales for the reported quarter topped market expectations of $3.37 billion.

The cleaning, food-safety, and pest-control services Company reported a net income attributable to common shareholders of $247.3 million, or $0.84 per diluted share, in Q1 FY18 compared to $254.0 million, or $0.86 per diluted share, in Q1 FY17. The Company's adjusted net income was $266.9 million, or $0.91 per diluted share, in Q1 FY18 compared to $236.4 million, or $0.80 per diluted share, in Q1 FY17. Meanwhile, Wall Street had expected the Company to report an adjusted net income of $0.88 per diluted share.

Operating Metrics

During Q1 FY18, Ecolab incurred selling, general, and administrative expenses (SG&A) of $1.01 billion compared to $947.2 million in Q1 FY17. The Company's operating income stood at $354.3 million in Q1 FY18 versus $357.2 million in Q1 FY17. Furthermore, the Company's adjusted operating income was $380.3 million in the reported quarter compared to $364.9 million in the prior year's same quarter.

Segment Performance

Ecolab's Global Industrial segment's sales grew to $1.24 billion during Q1 FY18 from $1.18 billion in the prior year's comparable quarter. However, the segment's operating income fell to $129.9 million, or 10.5% of segment sales, in Q1 FY18 from $135.6 million, or 11.5% of segment sales, in Q1 FY17.

For the reported period, the Company's Global Institutional segment's sales were $1.22 billion, which rose 9% from $1.11 billion in Q1 FY17. The segment reported an operating income of $198.7 million, or 16.3% of segment sales, in Q1 FY18 compared to $186.8 million, or 16.8% of segment sales, in the year ago corresponding quarter.

During Q1 FY18, Global Energy segment's sales also grew 9% to $847.1 million from $775.7 million in the last year's same quarter. The segment's operating income came in flat at $70.9 million, or 8.4% of segment sales, in Q1 FY18 versus $70.9 million, or 9.1% of segment sales, in Q1 FY17.

Cash Flow and Balance Sheet

During the quarter ended March 31, 2018, Ecolab's cash provided by operating activities was $487.2 million compared to $425.7 million in in the year ago same period. The Company had cash, cash equivalents, and restricted cash balance of $175.5 million as on March 31, 2018, compared to $211.4 million at the close of books as on December 31, 2017. Furthermore, the Company's long-term debt decreased to $6.40 billion as on March 31, 2018, from $6.76 billion as on December 31, 2017.

Dividend

In a separate press release on May 03, 2018, Ecolab's Board of Directors declared a regular quarterly cash dividend of $0.41 per common share, payable on July 16, 2018, to shareholders of record at the close of business on June 19, 2018.

Outlook

In its guidance for the full year FY18, Ecolab's management expects adjusted diluted EPS to be in the range of $5.30 to $5.50, rising 18% y-o-y and also above the prior outlook range of $5.25 to $5.45. Furthermore, the Company forecasts adjusted gross margin, excluding special gains and charges, to be approximately 42%.

For Q2 FY18, the Company projects adjusted diluted EPS to be in the range of $1.23 to $1.29, with adjusted gross margin, excluding special gains and charges, of approximately 42%.

Stock Performance Snapshot

May 18, 2018 - At Friday's closing bell, Ecolab's stock was marginally up 0.52%, ending the trading session at $147.83.

Volume traded for the day: 1.02 million shares.

Stock performance in the last three-month – up 12.43%; previous six-month period – up 13.51%; past twelve-month period – up 16.64%; and year-to-date – up 10.17%

After last Friday's close, Ecolab's market cap was at $42.66 billion.

Price to Earnings (P/E) ratio was at 32.34.

The stock has a dividend yield of 1.11%.

The stock is part of the Basic Materials sector, categorized under the Specialty Chemicals industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors