Donaldson (DCI) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 9.52%. A quarter ago, it was expected that this maker of filtration systems would post earnings of $0.73 per share when it actually produced earnings of $0.81, delivering a surprise of 10.96%. Over the last four quarter ...

Exhibit 99.1 MINNEAPOLIS (June 4, 2024) — Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported third quarter fiscal 2024 generally accepted accounting principles (GAAP) net earnings of $113.5 million, compared with $93.7 million in fiscal 2023. Third quarter 2024 GAAP earnings per share (EPS) were $0.92 compared with 2023 earnings per share of $0.76. 1 Donaldson Reports Record Third Quarter Fiscal Year 2024 Sales ...

Some other top-ranked stocks from the same space are discussed below. The move underscores DCI's sound financial health as it utilizes free cash flow to enhance its shareholders' returns. This marks Donaldson's 28th consecutive year of annual dividend increase. It has been paying dividends every quarter for the last 68 years. Prior to this, it had hiked its dividend by 8.7% to 25 cents per share in May 2023. Strong cash flows allow Donaldson to effectively deploy capital for making acquisitions, repurchasin ...

Donaldson Company, Inc. (DCI) is scheduled to release third-quarter fiscal 2024 (ended Apr 30) results on Jun 6, before market open. The company has an impressive earnings surprise history, with the average surprise being 4.5%. In the last reported quarter, its earnings of 81 cents per share surpassed the Zacks Consensus Estimate of 73 cents by 11%. However, Donaldson is expected to put up a weak show in its upcoming results owing to softness in agriculture markets and weak end-market demand in China within ...

Wall Street analysts expect Donaldson (DCI) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year increase of 10.5%. Revenues are expected to be $919.66 million, up 5% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's earnings release, it is of utmo ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Donaldson (DCI) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Donaldson is one of 222 companies in the Industrial Products group. The Industrial Products group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 diff ...

Donaldson Company, Inc. (DCI) recently collaborated with PolyPeptide Group AG to advance a production scale solvent recovery system that will be used in peptide purification.Based in Baar, Switzerland, PolyPeptide produces synthetic peptides and oligonucleotides used as active pharmaceutical ingredients. The company manufactures generic and other peptides, which are used in cosmetics production.Peptides are used to treat metabolic disorders, infectious diseases and orphan diseases. It also has other oncolog ...

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Donaldson Company, Inc. (DCI) is gaining from its Industrial Solutions segment and accretive acquisitions despite increasing operating expenses.Let’s delve into the factors that make this current Zacks Rank #2 (Buy) company a smart investment choice at the moment.Business Strength: A diversified business structure with exposure in various geographies and end markets like construction, mining, aerospace, defense, and food & beverage is a boon for the company. The Industrial Solutions segment is supported by ...

Donaldson Company, Inc. (DCI) is well poised for growth courtesy of strength across its businesses, strategic acquisitions, and focus on improving the product line and operational excellence.Image Source: Zacks Investment ResearchThe company has a market capitalization of $8.7 billion. Over the past six months, it has gained 14.2% compared with the industry’s growth of 11.7%. DCI currently carries a Zacks Rank #2 (Buy)Let’s delve into the factors that have been aiding the firm for a while now.Business Stren ...