Donaldson Company Inc. Reveals 13% Gain In Q1 Profit

(RTTNews) - Donaldson Company Inc. (DCI) reported earnings for its first quarter that increased compared to the same period last year.

The company said its bottom line advanced to $51.2 million, or $0.38 per share. This was up from $45.4 million, or $0.34 per share, in last year's first quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.8% to $553.0 million. This was up from $538.0 million last year.

Donaldson Company Inc. earnings at a glance:

-Earnings (Q1): $51.2 Mln. vs. $45.4 Mln. last year. -Earnings Growth (Y-o-Y): 12.8% -EPS (Q1): $0.38 vs. $0.34 last year. -EPS Growth (Y-o-Y): 11.8% -Analysts Estimate: $0.35 -Revenue (Q1): $553.0 Mln vs. $538.0 Mln last year. -Revenue Change (Y-o-Y): 2.8%

-Guidance: Full year EPS guidance: $1.50 - $1.66