Donaldson Company Reports First Quarter 2021 Earnings
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Donaldson (DCI) Tops Q1 EPS by 4c, Revenues Beat
December 3, 2020 7:02 AM ESTDonaldson (NYSE: DCI) reported Q1 EPS of $0.48, $0.04 better than the analyst estimate of $0.44. Revenue for the quarter came in at $636.6 million versus the consensus estimate of $614.99 million.
Total first quarter 2021 sales of replacement parts significantly outperformed new equipmentOperating margin grew 0.5 percentage points from prior year, driven by gross marginSales trends improving, with year-over-year growth anticipated in the second half of fiscal 2021Fiscal 2021 operating margin... More