Donaldson (DCI) Tops Q1 EPS by 3c; Affirms Guidance

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Donaldson Company Reports Fiscal 2017 First Quarter Earnings

December 1, 2016 7:00 AM EST

GAAP EPS increased 48.3 percent from last year to 43 cents

Adjusted EPS increased 11.8 percent from last year to 38 cents

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today announced first quarter 2017 net earnings of $58.0 million, or 43 cents per share,1 compared with $38.5 million, or 29 cents per share, in 2016.

First quarter 2017 GAAP earnings per share (EPS) include a benefit of approximately 5 cents per share related to the settlement of claims in an escrow account (the Settlement) that had been established in connection with the... More