Donaldson Company, Inc. (NYSE:DCI) Q2 2024 Results Conference Call February 28, 2024 10:00 AM ET Company Participants Sarika Dhadwal - SD, IR & ESG Tod Carpenter - Chairman, President & CEO Scott Robinson - CFO Conference Call Participants Nathan Jones - Stifel Bryan Blair - Oppenheimer Laurence Alexander - Jefferies Joseph Donahue - Baird Operator Good morning. My name is Dennis and I will be your conference operator today. At this time, I would like to welcome everyone to the Donaldson Company Second Quar ...

For the quarter ended January 2024, Donaldson (DCI) reported revenue of $876.7 million, up 5.8% over the same period last year. EPS came in at $0.81, compared to $0.75 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $861.25 million, representing a surprise of +1.79%. The company delivered an EPS surprise of +10.96%, with the consensus EPS estimate being $0.73.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported second quarter fiscal 2024 generally accepted accounting principles (GAAP) net earnings of $98.7 million, compared with $86.0 million in fiscal 2023. Second quarter 2023 earnings include pre-tax restructuring and other charges of $9.3 million largely related to the Company’s organizational redesign. Second quarter 2024 GAAP earnings ...

Exhibit 99.1 Donaldson Reports Record Second Quarter Fiscal Year 2024 Sales and Earnings Second quarter sales were $876.7 million, up 5.8% compared with 2023 EPS of $0.81 up 15.9% versus 2023 GAAP EPS and up 8.0% versus 2023 adjusted EPS Raising fiscal 2024 operating margin and EPS guidance On track to deliver record full-year sales and EPS MINNEAPOLIS (February 28, 2024) — Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, to ...

Donaldson (DCI) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended January 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 28, 2024, might help the stock move higher if these key numbers are better than ex ...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Citi 2024 Global Industrial Tech and Mobility Conference in Miami, Florida on Tuesday, February 20, beginning at 7:10 a.m. ET. WEBCAST: To listen to a live webcast of the presentations, visit the “Events & Presentations” section of Donaldson’s Investor Rel ...

Donaldson Company, Inc. (DCI) has been benefiting from its diversified business structure with exposure in various end markets like construction, mining, aerospace, defense and food & beverage. Strength in the company’s industrial filtration solutions business driven by solid best collection and power generation sales have been aiding the Industrial Solutions segment. Increasing defense sales within the Aerospace and Defense business augur well for the segment.The company remains focused on acquiring busine ...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its second quarter 2024 earnings conference call on Wednesday, February 28, 2024, at 9:00 a.m. CT. WEBCAST: To listen to a live webcast of the call, visit the “Events & Presentations” section of Donaldson’s Investor Relations website at IR.Donaldson.com and click on the “listen to webcast” option.   REPLAY: The webcast replay wil ...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share. The dividend is payable February 28, 2024, to shareholders of record on February 12, 2024. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 marked the 28th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 68 years. About Donaldson Company, Inc. ...

Donaldson Company, Inc. (DCI) has been benefiting from its focus on innovation, growth investments and a healthy demand scenario despite softness in the Mobile Solutions segment and rising costs.Let us discuss the factors why investors should retain the stock for the time being.Growth CatalystsBusiness 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. Continued strength ...