Donaldson (DCI) Tops Q4 EPS by 6c
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Donaldson Company Reports Fourth Quarter and Full-Year 2020 Earnings
September 3, 2020 7:01 AM EDT
Donaldsons fourth quarter and full-year gross margin increased in a volatile sales environment
Donaldson invested $122 million for long-term growth and returned $201 million to shareholders
Fiscal 2021 market conditions expected to be uneven; margin-improvement initiatives to continue
MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today reported fiscal 2020 net earnings of $64.2 million in fourth quarter and $257.0 million for the full year, compared with $58.0 million and $267.2 million, respectively, in 2019. Fiscal 2020 GAAP earnings per share (EPS)1 were $0.50 in fourth quarter and $2.00 for the full year, compared with $0.45 and $2.05, respectively, in... More
