Donaldson (DCI) Tops Q2 EPS by 1c, Offers Guidance

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Donaldson Company Reports Second Quarter 2021 Earnings and Provides Full Year 2021 Guidance

February 25, 2021 7:00 AM EST

Sales trends improving, double-digit sequential sales growth expected in second half of fiscal 2021

Donaldson expects fiscal 2021 sales to increase between 5% and 8%

Second quarter GAAP EPS of $0.44 includes $0.08 of restructuring expense

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) today reported second quarter 2021 generally accepted accounting principles (GAAP) net earnings of $56.2 million compared with $64.4 million in 2020. The current period included charges of $14.8 million related to restructuring activities initiated in the second quarter, primarily in Donaldsons Europe, Middle East... More