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May 18 Donaldson (DCI +1.5%) ticks higher after beating FQ3 estimates this morning on record revenue. Net earnings rose 15% Y/Y on improved margins. The company also raised its FY12 earnings estimate by $0.03 to between $1.66 - $1.76 a share and revised its sales forecast by 9% to $2.5B. Its February guidance was for 7% to 12% sales growth.
Comment![Earnings, On the Move]
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at MarketWatch.com (May 18, 2012)
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at MarketWatch.com (May 17, 2012)
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at MarketWatch.com (Feb 21, 2012)
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at CNBC.com (Dec 13, 2011)
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at MarketWatch.com (Aug 29, 2011)
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Business Wire (May 18, 2012)
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Business Wire (May 4, 2012)
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Company Description
Donaldson Company, Inc. was founded in 1915 and organized in its present corporate form under the laws of the State of Delaware in 1936.
The Company is a worldwide manufacturer of filtration systems and replacement parts. The Company’s product mix includes air and liquid filtration systems... More