Donaldson: Second Quarter Financial Results Overview

Donaldson Co. Reports Second-Quarter Financial Results

Donaldson Company, headquartered in Minneapolis, announced a net profit of $92.5 million for its fiscal second quarter.

Earnings per share came in at 78 cents, while adjusted earnings, which exclude one-time and restructuring expenses, were 83 cents per share.

These figures fell short of analysts’ expectations, as the consensus from five analysts polled by Zacks Investment Research had projected earnings of 90 cents per share.

The company, known for its filtration products, reported quarterly revenue of $896.3 million, which was slightly below the $898.5 million anticipated by analysts surveyed by Zacks.

Looking ahead, Donaldson forecasts its full-year earnings to be between $3.93 and $4.01 per share.

Financial data for this article was provided by Zacks Investment Research and compiled by Automated Insights.