Donaldson (DCI) Tops Q1 EPS by 4c; Reiterates Outlook

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Go back to Donaldson (DCI) Tops Q1 EPS by 4c; Reiterates Outlook

Donaldson Company Reports Record First Quarter 2023 Sales and Earnings

November 30, 2022 6:00 AM EST

First quarter 2023 sales increased 11.4% from 2022 to $847.3 million

GAAP operating margin of 14.1%; Adjusted operating margin of 15.0%

GAAP EPS of $0.70, up 15.3% and adjusted EPS of $0.75, up 22.9% versus 2022

Donaldson reiterates fiscal 2023 guidance

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company) today reported fiscal first quarter 2023 generally accepted accounting principles (GAAP) net earnings of $87.2 million, a 13.1% increase from $77.1 million in 2022. First quarter 2023 earnings include $7.6 million of charges related to the Companys previously announced... More