Donaldson (DCI) Misses Q3 EPS by 5c, Lowers FY22 EPS Guidance

Donaldson (NYSE: DCI) reported Q3 EPS of $0.67, $0.05 worse than the analyst estimate of $0.72. Revenue for the quarter came in at $853.2 million versus the consensus estimate of $823.99 million.

Fiscal 2022 sales are expected to increase 14.5% to 16.5% over prior year, up from previous guidance of 11% to 15%, and driven primarily by strength in Engine sales. Currency translation is forecast to negatively impact sales by approximately 3%. Fiscal 2022 generally accepted accounting principles (GAAP) EPS is now expected to be between $2.67 and $2.73, versus a previous range of between $2.66 and $2.76.

For earnings history and earnings-related data on Donaldson (DCI) click here.

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