Recap: Donaldson Q3 Earnings
Shares of Donaldson (NYSE:DCI) were flat in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were down 13.79% over the past year to $0.50, which beat the estimate of $0.46.
Revenue of $629,700,000 declined by 11.66% from the same period last year, which missed the estimate of $644,020,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jun 02, 2020
Time: 10:00 AM
Technicals
52-week high: $58.32
52-week low: $31.08
Price action over last quarter: Up 4.56%
Company Profile
Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into two segments: engine products and industrial products. Donaldson generated approximately $2.8 billion in revenue and $388 million in operating income in its fiscal 2019.
See more from Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
