Donaldson Company Beats on Top and Bottom Lines (DCI)
August 30, 2010 5:04 PM
Donaldson Company, Inc. (YSE: DCI) reports Q4 EPS of $0.65 versus estimates of $0.64. Donaldson Company, Inc. reports revenues of $512.2 million versus estimates of $499.50 million.
The company said that it now sees FY 2011 sales of $2 billion and FY 2011 EPS of $2.28 to $2.48.
The company expects full year free cash flow to be between $160 and $180 million, with capital expenditures projected to be between $70 and $80 million.
"I am very pleased with our fourth quarter operating performance which delivered another EPS record. While we have seen a gradual improvement in global economic conditions, what has really driven our performance has been our relentless focus on those things we can control. We have focused on our Continuous Improvement initiatives, new product introductions, emerging market growth, and the expansion of distribution for our Customers," said Bill Cook, Chairman, President and CEO.
Shares of DCI did not trade in the after-hours as of the time of this writing.
