Ecolab Stock Rises 7% on 4Q Revenue Growth, Upbeat Guidance
Provided by
Dow Jones
By Will Feuer
Shares of Ecolab rose after the hygiene and infection-prevention company posted higher fourth-quarter sales.
The stock rose about 7% to $216.94 in morning trading. Shares are up more than 46% over the past 12 months.
The company's fourth-quarter results topped Wall Street analysts' forecasts. For 2024, Ecolab is targeting adjusted earnings of $6.10 a share to $6.50 a share. Analysts expected $6.14 a share.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
February 13, 2024 10:16 ET (15:16 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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