Ecolab Inc. announces second-quarter earnings
July 29, 2009
ST. PAUL, MN — Ecolab Inc. recently posted their second-quarter earnings, which fell short of analysts'' expectations, according to the Wall Street Journal.
Quarterly earnings were $99 million, down from the $139 million earned in the year-ago quarter, the story stated.
Sales fell by 8 percent from $1.57 billion last year to the current $1.44 billion, the story noted.
FactSet Research Systems Inc. polled analysts who estimated average earnings of 48 cents per share for the quarter, while actual earnings were 41 cents per share, the story added.
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