02.06.2016 13:03:51
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Donaldson Company Inc. Q3 Income Advances 12%
(RTTNews) - Donaldson Company Inc. (DCI) released earnings for its third quarter that gained ground compared to the same period last year.
The company said its bottom line climbed to $57.7 million, or $0.43 per share. This was higher than $51.3 million, or $0.37 per share, in last year's third quarter.
Analysts had expected the company to earn $0.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 0.7% to $571.3 million. This was down from $575.6 million last year.
Donaldson Company Inc. earnings at a glance:
-Earnings (Q3): $57.7 Mln. vs. $51.3 Mln. last year. -Earnings Growth (Y-o-Y): 12.5% -EPS (Q3): $0.43 vs. $0.37 last year. -EPS Growth (Y-o-Y): 16.2% -Analysts Estimate: $0.39 -Revenue (Q3): $571.3 Mln vs. $575.6 Mln last year. -Revenue Change (Y-o-Y): -0.7%
-Guidance: Full year EPS guidance: $1.53 - $1.59 Full year revenue guidance: $2.225 Bln
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