Donaldson (DCI) Misses Q1 EPS by 1c, Revenues Beat; Lifts FY19 EPS Mid-Point Guidance Above Consensus
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Donaldson Company Reports First Quarter 2019 Earnings
December 4, 2018 7:00 AM ESTDonaldson achieved record first quarter sales and EPS1
First quarter 2019 sales and EPS grew 8.8 percent and 21.7 percent, respectively
First quarter operating margin was 14.1 percent, 0.3 percentage points above last year
MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today reported record first quarter net earnings of $73.8 million, or $0.56 per share, compared with $60.9million, or $0.46 per share, in 2018. First quarter 2019 net earnings include a discrete tax benefit of $0.9 million related to the Federal Tax Cuts and Jobs Act... More
