Ecolab Lifts Earnings Outlook After Raising Prices
By Katherine Hamilton
Ecolab raised its earnings outlook after increasing prices to offset higher commodity costs.
The water treatment company said Tuesday it now expects adjusted earnings per share will be $8.05 to $8.25 for the full year, up from a prior range of $8.03 to $8.23.
In the second quarter, Ecolab posted a profit of $534.9 million, or $1.90 a share, compared with $524.2 million, or $1.84 a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were $2.09, ahead of the $2.08 anticipated by analysts, according to FactSet.
Revenue rose 10% to $4.42 billion. Analysts surveyed by FactSet had forecast revenue of $4.39 billion.
Ecolab has been absorbing higher commodity costs, which prompted the company to implement an energy surcharge. The surcharge helped pricing increase 4%, which boosted revenue, Chief Executive Christophe Beck said.
Ecolab is now well positioned to offset commodity costs, as pricing in the second half of the year is expected to increase 5% to 6%, Beck said.
Volume also increased 1%, despite a nearly 1% headwind from customer operations being disrupted by the Iran war.
Ecolab forecasts third-quarter adjusted earnings per share will be $2.13 to $2.23, compared with the $2.18 analysts are projecting.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
July 28, 2026 08:36 ET (12:36 GMT)
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