Donaldson (DCI) Tops Q1 EPS by 1c; Trims FY16 EPS Outlook
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Donaldson Reports First Quarter 2016 Earnings
November 25, 2015 7:00 AM ESTGAAP EPS of 29 cents; Adjusted EPS of 34 cents
MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today reported first quarter 2016 net earnings of $38.5 million, or 29 cents per share1. In addition to a negative impact from foreign currency translation of $3.0 million, or 5.4 percent, GAAP EPS reflects:
Restructuring charges of $7.5 million, or 4 cents per share, and Investigation-related costs of $2.6 million, or 1 cent per share.First quarter 2016 adjusted EPS2 was 34 cents, compared with 40 cents last year. The tables attached to this press release... More
