Donaldson Co. Inc. (DCI) Updates FY14 Earnings Guidance
Donaldson Co. Inc. (NYSE:DCI) issued an update on its FY14 earnings guidance on Friday morning. The company provided earnings per share guidance of $1.65-1.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.78, Analyst RN reports. The company issued revenue guidance of $2.45-2.55, compared to the consensus revenue estimate of $2.50 billion.
Donaldson Co. Inc. (NYSE:DCI) traded down 4.50% on Friday, hitting $40.73. 291,343 shares of the company’s stock traded hands. Donaldson Co. Inc. has a 52-week low of $34.26 and a 52-week high of $43.74. The stock has a 50-day moving average of $41.93 and a 200-day moving average of $39.96. The company has a market cap of $5.956 billion and a price-to-earnings ratio of 25.22.
Donaldson Co. (NYSE:DCI) last issued its quarterly earnings data on Friday, February 21st. The company reported $0.39 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.03. The company had revenue of $582.00 million for the quarter, compared to the consensus estimate of $597.94 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. On average, analysts predict that Donaldson Co. Inc. will post $1.78 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 7th. Investors of record on Wednesday, February 19th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Friday, February 14th.
Donaldson Company, Inc (NYSE:DCI) is a worldwide manufacturer of filtration systems and replacement parts.
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