Donaldson Reports Fiscal 2018 Third Quarter Earnings
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Donaldson (DCI) Tops Q3 EPS by 1c, Beats on Revenues; Boosts FY EPS Outlook
May 31, 2018 7:03 AM EDTDonaldson (NYSE: DCI) reported Q3 EPS of $0.53, $0.01 better than the analyst estimate of $0.52. Revenue for the quarter came in at $700 million versus the consensus estimate of $682.68 million.
We are pleased to have delivered another quarter of strong sales growth in both segments, reflecting benefits from consistent execution of our strategic priorities combined with favorable market conditions, said Tod Carpenter, chairman, president and chief executive officer. Based on incremental strength across our company, particularly in our Engine first-fit and Industrial businesses, and continued momentum in many of our end markets, we now forecast full-year sales to... More
