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

RTTNews | 496 days ago
Stocktwits
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

Tags: DCI
Stocktwits
read more
Sensex, Nifty Tad Lower Dragged By IT Stocks

Sensex, Nifty Tad Lower Dragged By IT Stocks

Indian shares opened a tad lower on Wednesday after U.S. President Donald Trump offered no exceptions to his Aug. 1 tariff start date and announced a 50 percent tariff on copper imports, expanding trade measures already in place for steel and aluminum.
RTTNews | 13 minutes ago
Australian Market More Than Halves Early Losses In Mid-market

Australian Market More Than Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market moves on Wednesday, reversing the slight gains in the previous session, with the benchmark S&P/ASX 200 staying below the 8,600 level, following the mixed cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 1h 11min ago
Asian Markets Mixed Amid Tariff Worries

Asian Markets Mixed Amid Tariff Worries

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are reluctant to make significant moves amid the lingering uncertainty about US trade policy after US President Donald Trump delayed the reciprocal tariff deadline until August 1. Asian markets closed mostly higher on Tuesday.
RTTNews | 1h 36min ago
Little Movement Seen For Thai Stock Market

Little Movement Seen For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just above the 1,115-point plateau and it's likely to remain rangebound again on Wednesday.
RTTNews | 2h 44min ago
Australia Building Permits Climb 3.2% On Month In May

Australia Building Permits Climb 3.2% On Month In May

The total number of building permits issued in Australia was up a seasonally adjusted 3.2 percent on month in May, the Australian Bureau of Statistics said on Wednesday - coming in at 15,212.
RTTNews | 3h 1min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower on Wednesday after opening in the green, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 39,600 level, with a mixed performance is most sectors.
RTTNews | 3h 1min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.