NYSE$ECL
Ecolab Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Ecolab's third quarter earnings significantly improved from the second quarter, reflecting the divergent impacts of COVID-19 on the business segments.
Ecolab's third quarter results showed significant improvement from the second quarter, while still reflecting the divergent impacts of COVID-19 on the business segments. Strong top and bottom line growth in the Healthcare & Life Sciences segment and further strong income growth in the Industrial segment were more than offset by significant declines in the Institutional & Specialty and Other segments.
- Third quarter results showed significant improvement from the second quarter, while still reflecting the divergent impacts from COVID-19 on the business segments.
- Reported sales from continuing operations decreased 6% from the year-ago period.
- Reported diluted EPS from continuing operations was $0.85, a 43% decrease versus last year.
- Adjusted diluted EPS from continuing operations were $1.15, a 24% decrease from the comparable period last year.
Headline financials
Revenue & EPS history
Ecolab · Revenue · Quarterly
$3.02B
Revenue by segment
Ecolab · $1.18B total across 2 segments · Q3 2020
- Global Institutional & Specialty$896M—76.0%
- Global Pest Elimination$284M—24.0%
Forward guidance
The continued uncertain outlook regarding the full extent of COVID-19’s impact on the global economy and its longevity do not yet provide an adequate basis for us to provide either quarterly or annual earnings forecasts.
Tailwinds
- We expect full year 2020 Healthcare & Life Sciences segment sales to show strong growth over the prior year
- We expect modest pressure on our Industrial segment business sales
- We expect lessening pressure on results for our Institutional & Specialty and Other segments
- We expect sequential improvement from third quarter levels
- We expect our product and service innovation, investments in new hygiene and digital technologies, and successful sales and profit initiatives to augment a continuing recovery in customer activity.
Headwinds
- The continued uncertain outlook regarding the full extent of COVID-19’s impact on the global economy and its longevity do not yet provide an adequate basis for us to provide either quarterly or annual earnings forecasts.
- COVID-19 impact on restaurant, hospitality and entertainment to result in a significant decline for the Institutional division sales within the Institutional & Specialty segment for the full year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.1%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+1.3%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+10.9%
Q4 2022
Best reaction
-12.6%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | -3.1% | -3.1% | |
| Q4 2025 | +4.0% | +3.8% | -4.3% | |
| Q3 2025 | -4.1% | -8.3% | -1.7% | |
| Q2 2025 | +0.4% | +2.9% | +1.8% | |
| Q1 2025 | +3.3% | +6.8% | +10.6% | |
| Q4 2024 | +6.2% | +7.6% | +2.1% | |
| Q3 2024 | -1.5% | -4.6% | -3.4% | |
| Q2 2024 | -6.9% | -4.3% | +0.9% | |
| Q1 2024 | +1.5% | +2.6% | +3.2% | |
| Q4 2023 | +6.9% | +1.7% | -1.4% | |
| Q3 2023 | +5.1% | +9.8% | +20.5% | |
| Q2 2023 | +1.0% | -0.3% | +0.4% | |
| Q1 2023 | +2.7% | +2.9% | +0.2% | |
| Q4 2022 | +10.9% | +9.8% | +7.4% | |
| Q3 2022 | -12.6% | -14.2% | -3.3% | |
| Q2 2022 | -1.3% | +1.5% | +5.0% | |
| Q1 2022 | -2.9% | -3.6% | -6.5% | |
| Q4 2021 | -0.1% | -2.3% | -6.1% | |
| Q3 2021 | -0.2% | +0.3% | +4.4% | |
| Q2 2021 | -0.0% | +0.8% | +1.8% | |
| Q1 2021 | -2.1% | -1.2% | -4.7% | |
| Q4 2020 | -5.0% | -5.4% | -4.7% | |
| Q3 2020 | -6.5% | -7.4% | +10.0% | |
| Q2 2020 | -8.1% | -11.8% | -6.8% | |
| Q1 2020 | +5.4% | +1.3% | +12.7% | |
| Q4 2019 | +1.4% | +0.1% | -23.0% | |
| Q3 2019 | +1.1% | -0.3% | -2.4% | |
| Q2 2019 | +0.6% | -0.3% | +3.2% | |
| Q1 2019 | -1.1% | +0.3% | -0.6% | |
| Q4 2018 | +1.1% | +2.2% | +7.5% | |
| Q3 2018 | +4.5% | +5.5% | +8.1% | |
| Q2 2018 | +2.8% | +4.5% | +6.7% | |
| Q1 2018 | -0.4% | +0.4% | -1.5% | |
| Q4 2017 | -1.2% | -0.5% | +2.0% | |
| Q3 2017 | +0.3% | +0.4% | +3.8% | |
| Q2 2017 | +0.9% | +0.9% | +1.2% | |
| Q1 2017 | -2.8% | -2.2% | +3.5% | |
| Q4 2016 | -0.7% | +1.3% | +0.2% | |
| Q3 2016 | -1.9% | -3.1% | +3.8% | |
| Q2 2016 | +2.3% | +3.4% | +3.7% | |
| Q1 2016 | +0.9% | — | — | |
| Q4 2015 | -5.5% | — | — | |
| Q3 2015 | -0.3% | — | — | |
| Q2 2015 | +6.4% | — | — | |
| Q1 2015 | -1.4% | — | — | |
| Q4 2014 | +3.8% | — | — | |
| Q3 2014 | -2.2% | — | — | |
| Q2 2014 | -1.5% | — | — | |
| Q1 2014 | -0.9% | — | — | |
| Q4 2013 | +0.5% | — | — | |
| Q3 2013 | +3.0% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | +1.2% | — | — | |
| Q4 2012 | +6.2% | — | — | |
| Q3 2012 | +0.1% | — | — | |
| Q2 2012 | -3.6% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q4 2011 | -4.2% | — | — | |
| Q3 2011 | -4.6% | — | — | |
| Q2 2011 | -3.5% | — | — | |
| Q1 2011 | +2.5% | — | — | |
| Q4 2010 | +2.4% | — | — | |
| Q3 2010 | +0.3% | — | — | |
| Q2 2010 | -0.7% | — | — | |
| Q1 2009 | -1.7% | — | — | |
| Q1 2010 | +1.2% | — | — | |
| Q4 2007 | +0.5% | — | — | |
| Q4 2009 | +0.5% | — | — | |
| Q3 2009 | +2.2% | — | — | |
| Q3 2008 | +2.2% | — | — | |
| Q2 2009 | +0.0% | — | — | |
| Q2 2008 | +0.0% | — | — | |
| Q4 2008 | +0.0% | — | — |
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