SAINT PAUL, Minn. (AP) — SAINT PAUL, Minn. (AP) — Ecolab Inc. (ECL) on Tuesday reported first-quarter profit of $412.1 million.
The Saint Paul, Minnesota-based company said it had profit of $1.43 per share. Earnings, adjusted for pretax gains, were $1.34 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The cleaning, food-safety and pest-control services company posted revenue of $3.75 billion in the period, matching Street forecasts.
For the current quarter ending in June, Ecolab expects its per-share earnings to range from $1.62 to $1.72.
The company expects full-year earnings in the range of $6.40 to $6.70 per share.
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