Donaldson (DCI) Misses Q1 EPS by 2c, Revenues Miss; Provides FY20

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Go back to Donaldson (DCI) Misses Q1 EPS by 2c, Revenues Miss; Provides FY20

Donaldson Company Reports First Quarter 2020 Earnings

December 3, 2019 7:02 AM EST

First quarter 2020 gross margin increased 0.4 percentage points from the prior year

Donaldson maintains its prior guidance for fiscal 2020 sales, operating margin and EPS

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today reported first quarter 2020 net earnings of $65.0 million, or $0.51 per share,1 compared with $73.8 million, or $0.56 per share, in first quarter 2019.

We are pleased with first quarters gross margin performance, and we remain on track to deliver another consecutive year of record profit, said Tod Carpenter, chairman, president and chief... More