Donaldson Beats Expectations, Reports Strong Q1

Donaldson Companys fiscal first-quarter profits soared to $113.9 million, or $0.97 per share, surpassing analysts predictions of $0.93 per share. Revenue also exceeded expectations at $935.4 million, compared to the forecasted $923.8 million. This robust performance indicates strong demand for their filtration products and systems, and the company aims to maintain this momentum with full-year earnings projected between $3.95 and $4.11 per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.