Recap: Donaldson Q3 Earnings

Shares of Donaldson 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

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.donaldson.com%2Fhome%2Fdefault.aspx&eventid=2159397&sessionid=1&key=F95B05248A28034A56E660B5969B05D8&regTag=&sourcepage=register

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.