ecolabs profit rose in the second quarter as the company continued to benefit from price hikes heres what you need to know profit the water hygiene and infectionprevention services company posted a profit of 3297 million compared with 3083 million a year earlier analysts polled by factset expected profit of 341 million adjusted earnings stripping out certain onetime items the st paul minnbased company posted adjusted pershare earnings of 115 analysts polled by factset expected 121 a share revenue ecolabs revenue rose 8 to 385 billion roughly in line with analysts estimates according to factset pricing chief executive christophe beck said that the yearoveryear rate of price hikes began to slow but pricing power remained strong in the quarter the company said though that those continued price hikes werent causing pullback as volumes remained steady margins the company said that its margin recovery continued with value pricing and productivity being the drivers ecolab has said it wants to continue improving its margins throughout the year as the benefit of inflationrelated price hikes subside outlook ecolab said it expects thirdquarter adjusted earnings per share of 145 to 155 analysts expect pershare earnings of 147 according to factset the company forecast strong earnings and sales growth for the rest of 2023