On Thursday, September 5, Donaldson DCI will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Analysts predict Donaldson will report earnings of 60 cents per share on revenue of $725.39 million.
In the same quarter last year, Donaldson posted EPS of 58 cents on sales of $724.70 million. Revenue would be have grown 0.10% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.620 | 0.51 | 0.57 | 0.58 |
EPS Actual | 0.580 | 0.47 | 0.56 | 0.58 |
Stock Performance
Over the last 52-week period, shares are down 8.2%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Donaldson stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Donaldson is scheduled to hold a conference call at 10:00 a.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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