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Donaldson DCI reported its Q4 earnings results on Wednesday, August 31, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Donaldson reported in-line EPS of $0.84 versus an estimate of $0.84.
Revenue was up $116.90 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 5.18% increase in the share price the next day.
Here’s a look at Donaldson’s past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.72 | 0.62 | 0.55 | 0.66 |
| EPS Actual | 0.67 | 0.57 | 0.61 | 0.66 |
| Revenue Estimate | 823.99M | 768.71M | 745.38M | 770.69M |
| Revenue Actual | 853.20M | 802.50M | 760.90M | 773.10M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Donaldson management provided guidance for FY 2023, expecting earnings between $2.66 and $2.68 per share.
To track all earnings releases for Donaldson visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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