Donaldson Company Inc reports results for the quarter ended July 31 - Earnings Summary

• Donaldson Company Inc DCI.N reported quarterly adjusted earnings of $1.03​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 94 cents. The mean expectation of seven analysts for the quarter was for earnings of $1.02 per share. Wall Street expected results to range from $1.00 to $1.05 per share.

• Revenue rose 4.8% to $980.70 million from a year ago; analysts expected $951.57 million.

• Donaldson Company Inc's reported EPS for the quarter was 97 cents​.

• The company reported quarterly net income of $114.3 million.

• Donaldson Company Inc shares had risen by 9.1% this quarter and gained 12.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is "buy."

• Wall Street's median 12-month price target for Donaldson Company Inc is $72.11, about 4.9% below its last closing price of $75.63

This summary was machine generated from LSEG data August 27 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)