Donaldson Co. Inc.

-0.71 (-1.18%)
Positive Earnings Pre-Announcement

Donaldson Reports Q1 EPS Of $0.61

Published: 12/01/2021 11:28 GMT
Donaldson Co. Inc. (DCI) - Donaldson Company Reports Record Fiscal First Quarter 2022 Sales and Eps.
Q1 Earnings per Share $0.61.
Q1 Sales $760.9 Million Versus $636.6 Million.
Q1 2022 Operating Margin Increased to 14.1% From 13.7% in 2021.
Donaldson Increases Fiscal 2022 Sales and EPS Guidance.
Raising Our Fiscal 2022 Sales and Earnings Outlook.
Macro-economic Headwinds Are Creating a Different Path to Achieving Our Results Than We Previously Anticipated.
Donaldson Company - Gross Margin is Under Additional Pressure As Raw Material, Freight, and Labor Costs Have Climbed Beyond Our Original Expectations.
To Partially Mitigate Pressure by Raising Prices in Most Markets.
Fiscal 2022 GAAP EPS is Now Expected to Be Between $2.57 and $2.73.
Sales Growth During First Half of Year is Expected to Outpace Second Half of Year.
Currency Translation is Expected to Be a Nominal Headwind in FY22.
FY22 Net Sales Are Projected to Increase Between 8% and 12% Year-over-year.
Q1 Revenue View $745.4 Million, Earnings per Share View $0.55 -- Refinitiv Ibes Data (analyst estimates).
FY2022 Revenue View $3.10 Billion, Earnings per Share View $2.62 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $768.73 Million
Adjusted EPS is expected to be $0.62

Next Quarter Revenue Guidance is expected to be $800.04 Million
Next Quarter EPS Guidance is expected to be $0.70

More details on our Analysts Page.