Donaldson Reaffirms FY23 Adj. EPS, Sales Growth Outlook; Q2 Results Top Estimates

RTTNews | 449日前
Donaldson Reaffirms FY23 Adj. EPS, Sales Growth Outlook; Q2 Results Top Estimates

(RTTNews) - While reporting financial results for the second quarter on Wednesday, Donaldson Co. Inc. (DCI) reaffirmed its adjusted earnings and sales growth guidance for the full-year 2024.

For fiscal 2024, Donaldson now projects earnings in a range of $3.24 to $3.32 per share and adjusted earnings in a range of $2.90 to $3.04 per share on net sales growth of 3 to 7 percent.

Previously, the company expected earnings in the range of $3.14 to $3.30 per share and adjusted earnings in the range of $2.90 to $3.04 per share on net sales growth of 3 to 7 percent.

On average, seven analysts polled by Thomson Reuters expect the company to report earnings of $3.57 per share on sales growth of 5.50 percent to $3.77 billion for the year. Analysts' estimates typically exclude special items.

For the second quarter, the company reported net earnings of $98.7 million or $0.81 per share, up from $86.0 million or $0.70 per share in the prior-year quarter.

Net sales for the quarter increased 5.8 percent to $876.7 million from $828.3 million in the same quarter last year.

The Street was looking for earnings of $0.74 per share on net sales of $873.6 million for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Taiwan Stock Market May Extend Thursday's Losses

Taiwan Stock Market May Extend Thursday's Losses

The Taiwan stock market on Thursday snapped the two-day winning streak in which it had advanced more than 280 points or 1.3 percent. The Taiwan Stock Exchange now sits just above the 21,800-point plateau, although it's expected to open under pressure on Thursday.
RTTNews | 16分前
Singapore Bourse Likely To Remain Rangebound

Singapore Bourse Likely To Remain Rangebound

The Singapore stock market on Thursday snapped the two-day winning streak in which it had risen just 6 points or 0.15 percent. The Straits Times Index now sits just above the 3,880-point plateau, and it may spin its wheels again on Friday.
RTTNews | 46分前
New Zealand Retail Sales Rise 0.8% In Q1

New Zealand Retail Sales Rise 0.8% In Q1

The total volume of retail sales in New Zealand was up a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Friday.
RTTNews | 57分前
Japan Nationwide Inflation Climbs 3.6% On Year In April

Japan Nationwide Inflation Climbs 3.6% On Year In April

Consumer prices in Japan were up 3.6 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday - in line with expectations and unchanged from the March reading.
RTTNews | 1時5分前
No Help Yet For Malaysia Stock Market

No Help Yet For Malaysia Stock Market

The Malaysia stock market has finished lower in six straight sessions, giving up more than 55 points or 3.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau and it's expected to open under pressure again on Friday.
RTTNews | 1時16分前
Losing Streak May Continue For Japan Stock Market

Losing Streak May Continue For Japan Stock Market

The Japanese stock market has moved lower in back-to-back sessions, dropping almost 550 points or 1.5 percent along the way. The Nikkei 225 now sits just beneath the 37,000-point plateau and it may extend its losses on Friday.
RTTNews | 1時31分前
Soft Start Expected For South Korea Shares

Soft Start Expected For South Korea Shares

The South Korea stock market turned lower again on Thursday, one day after ending the two-day slide in which it had slipped more than 25 points or 0.9 percent. The KOSPI now rests just above the 2,590-point plateau and it may take further damage on Friday.
RTTNews | 1時46分前