Donaldson (DCI) Tops Q3 EPS by 1c, Beats on Revenues; Boosts FY EPS Outlook

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Donaldson Reports Fiscal 2018 Third Quarter Earnings

May 31, 2018 7:00 AM EDT

Third quarter sales increased 15.1 percent, EPS grew 17.8 percent

Sales increased in both segments and across all major regions

Full-year sales and EPS now projected above midpoints of prior guidance ranges

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today announced third quarter 2018 net earnings of $69.9 million, compared with net earnings of $60.1 million in the prior year. Third quarter GAAP earnings per share (EPS)1 increased 17.8 percent to $0.53 in 2018 from $0.45 in 2017.

We are pleased to have delivered another quarter of strong sales growth in... More