NYSE:ECLChemicals
Ecolab (ECL) Stock Climbs On Strong Growth As Margin Pressure Lingers
Ecolab stock jumped about 4% to roughly US$282.90 after the Q2 print, a sharp move for a steady compounder in water, hygiene and industrial services. The headline was clear. Adjusted earnings per share stepped up again and the business delivered mid single digit organic sales growth with better pricing power coming through the income statement.
Short term traders focused on the beat and the higher full year earnings range. Longer term investors will be more interested in what this quarter...