Donaldson (DCI) Tops Q1 EPS by 4c, Revenues Beat

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Donaldson Company Reports First Quarter 2021 Earnings

December 3, 2020 7:00 AM EST

Total first quarter 2021 sales of replacement parts significantly outperformed new equipment

Operating margin grew 0.5 percentage points from prior year, driven by gross margin

Sales trends improving, with year-over-year growth anticipated in the second half of fiscal 2021

Fiscal 2021 operating margin expected to be up from the prior year, due to higher gross margin

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today reported first quarter 2021 net earnings of $61.9 million, compared with $65.0 million in 2020.... More