Donaldson Company Inc reports results for the quarter ended in October - Earnings Summary

Donaldson

29/11/2023 15:31

* Donaldson Company Inc  DCI.N  reported quarterly adjusted
earnings of 75 cents​​ per share for the quarter ended in
October, higher than the same quarter last year, when the
company reported EPS of 70 cents.  The mean expectation of
six analysts for the quarter was for earnings of 72 cents per
share. Wall Street expected results to range from 71 cents to 73
cents per share.
    * Revenue fell 0.2% to $846.30 million from a year ago;
analysts
expected $855.06 million. 
    * Donaldson Company Inc's reported EPS for the quarter was
75
cents​.
    * The company reported quarterly net income of $92.1
million.
    * Donaldson Company Inc shares had fallen by 1.5% this
quarter and
lost 0.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the environmental
services & equipment peer group is also "hold"

Wall Street's median 12-month price target for Donaldson Company
Inc is $66.00 
This summary was machine generated from LSEG data November 29 at
03:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.72           0.75           Beat
 Jul. 31 2023      0.78           0.78           Met
 Apr. 30 2023      0.74           0.76           Beat
 Jan. 31 2023      0.74           0.75           Beat