ecolab inc said tuesday that it expects adjusted earnings in the fourth quarter below what wall street analysts have projected the water hygiene and infection prevention services company said fourthquarter adjusted earnings are expected to take an 11 cents a share hit from unfavorable foreign currency fluctuations and also be impacted by higher interest expenses resulting in a pershare figure that approaches last years fourthquarter adjusted earnings of 128 analysts polled by factset had been expecting adjusted earnings of 149 a share for the fourth quarter the company said earnings growth going forward will be more moderate than previously anticipated as costs continue to rise and the economic picture in europe becomes more uncertain ecolab said higher delivered product costs and unfavorable foreign currency fluctuations seem poised to stick around well into 2023