Donaldson Company, Inc. (DCI) is scheduled to release third-quarter fiscal 2024 (ended Apr 30) results on Jun 6, before market open. The company has an impressive earnings surprise history, with the average surprise being 4.5%. In the last reported quarter, its earnings of 81 cents per share surpassed the Zacks Consensus Estimate of 73 cents by 11%. However, Donaldson is expected to put up a weak show in its upcoming results owing to softness in agriculture markets and weak end-market demand in China within ...

Wall Street analysts expect Donaldson (DCI) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year increase of 10.5%. Revenues are expected to be $919.66 million, up 5% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's earnings release, it is of utmo ...

According to our latest data, DCI has moved about 14.7% on a year-to-date basis. Meanwhile, stocks in the Industrial Products group have gained about 9.8% on average. This means that Donaldson is performing better than its sector in terms of year-to-date returns. One other Industrial Products stock that has outperformed the sector so far this year is DNOW (DNOW) . The stock is up 21.1% year-to-date. Investors interested in Industrial Products stocks should always be looking to find the best-performing compa ...

Donaldson Company, Inc. (DCI) recently collaborated with PolyPeptide Group AG to advance a production scale solvent recovery system that will be used in peptide purification. Based in Baar, Switzerland, PolyPeptide produces synthetic peptides and oligonucleotides used as active pharmaceutical ingredients. The company manufactures generic and other peptides, which are used in cosmetics production. Peptides are used to treat metabolic disorders, infectious diseases and orphan diseases. It also has other oncol ...

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Donaldson Company, Inc. (DCI) is gaining from its Industrial Solutions segment and accretive acquisitions despite increasing operating expenses.Let’s delve into the factors that make this current Zacks Rank #2 (Buy) company a smart investment choice at the moment.Business Strength: A diversified business structure with exposure in various geographies and end markets like construction, mining, aerospace, defense, and food & beverage is a boon for the company. The Industrial Solutions segment is supported by ...

Donaldson Company, Inc. (DCI) is well poised for growth courtesy of strength across its businesses, strategic acquisitions, and focus on improving the product line and operational excellence.Image Source: Zacks Investment ResearchThe company has a market capitalization of $8.7 billion. Over the past six months, it has gained 14.2% compared with the industry’s growth of 11.7%. DCI currently carries a Zacks Rank #2 (Buy)Let’s delve into the factors that have been aiding the firm for a while now.Business Stren ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _____________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________________ TO _________________. Commission File Number 1-7891 (State or other jurisdic ...

Donaldson Company, Inc. (DCI) reported second-quarter fiscal 2024 (ended Jan 31, 2024) adjusted earnings of 81 cents per share, which surpassed the Zacks Consensus Estimate of 73 cents. The bottom line increased 15.9% year over year.Revenue ResultsIn the fiscal second quarter, total revenues of $876.7 million outperformed the Zacks Consensus Estimate of $861 million. The top line increased 5.8% (up 5.3% at constant currency) in the reported quarter, driven by volume growth and benefits of pricing actions.Re ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Donaldson (DCI) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Donaldson is a member of the Industrial Products sector. This group includes 227 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank conside ...