Donaldson (DCI) Tops Q3 EPS by 4c

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Donaldson Company Reports Third Quarter 2020 Earnings

June 2, 2020 7:01 AM EDT

Third quarter sales declined 11.7 percent, or 9.7 percent in local currency, slightly above forecast1

Operating margin was down 0.6 percentage points; EBITDA2 margin was flat with the prior year

Donaldsons financial position remains strong, and the Company believes it has ample liquidity to support its near- and long-term operational and strategic needs

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today reported third quarter 2020 net earnings of $63.4 million, or $0.50 per share,3 compared with third quarter 2019... More