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Donaldson (DCI -0.2%) bucks a weak FQ3 report late yesterday to trade slightly higher in today's...

Donaldson (DCI -0.2%) bucks a weak FQ3 report late yesterday to trade slightly higher in today's session. Net profit fell 1.6% Y/Y on significantly lower revenue due to softer engine-product and industrial-product sales. The company again lowered its full-year guidance, now seeing FY13 EPS coming in between $1.57 - $1.65, below Street estimates of $1.70. It also lowers its FY13 sales outlook from $2.50B to $2.40B - 2.45B, also below consensus $2.51B estimates.

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