Donaldson (DCI) Misses Q2 EPS by 5c

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Go back to Donaldson (DCI) Misses Q2 EPS by 5c

Donaldson Company Reports Record Fiscal Second Quarter 2022 Earnings

March 2, 2022 6:00 AM EST

Second quarter 2022 sales increased 18.2% from 2021 to a quarterly record of $802.5 million

GAAP EPS increased 30.4%; Adjusted EPS increased 9.8%

Donaldson increases fiscal 2022 sales and EPS guidance

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company) today reported second quarter 2022 net earnings of $71.8 million, an increase of 27.7% from $56.2 million in 2021. Earnings per share (EPS)1 for the second quarter 2022 increased 30.4% to $0.57 from $0.44. The prior year EPS includes an impact of approximately $0.08 related to restructuring charges. Excluding this impact, second... More