Donaldson (DCI) Tops Q2 EPS by 7c; Guides FY23

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Go back to Donaldson (DCI) Tops Q2 EPS by 7c; Guides FY23

Donaldson Reports Record Second Quarter 2023 Sales and Earnings

March 1, 2023 6:00 AM EST

Second quarter 2023 sales increased 3.2% year over year to $828.3 million, a quarterly record

GAAP operating margin of 14.0%; Adjusted operating margin of 15.2%

GAAP EPS of $0.70, up 22.0% and adjusted EPS of $0.75, up 32.0% versus 2022

Donaldson tightens fiscal 2023 EPS guidance to high end of previous range

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company) today reported fiscal second quarter 2023 generally accepted accounting principles (GAAP) net earnings of $86.0 million, a 19.8% increase from $71.8 million in 2022. Second quarter 2023 earnings... More