Donaldson (DCI) Misses Q3 EPS by 5c, Lowers FY22 EPS Guidance
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Donaldson Company Reports Record Fiscal Third Quarter 2022 Earnings
June 1, 2022 6:00 AM EDT
Third quarter 2022 sales increased 11.5% from 2021 to a quarterly record of $853.2 million
GAAP EPS were $0.67 compared with $0.66 in 2021
Donaldson increases fiscal 2022 sales guidance and narrows EPS range
MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company) today reported third quarter 2022 net earnings of $83.0 million, a decrease of 1.8% from $84.4 million in 2021. Earnings per share (EPS)1 for the third quarter 2022 increased to $0.67 from $0.66.
Our record third quarter sales were driven by pricing actions offsetting persistent inflation, as well as continued high... More
