Donaldson Company, Inc. (DCI) Issues FY15 Earnings Guidance
Donaldson Company, Inc. (NYSE:DCI) issued an update on its FY15 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.81-2.01 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.93, Analyst RN reports. The company issued revenue guidance of +4-8% YoY to ~$2.57-2.67 billion, compared to the consensus revenue estimate of $2.61 billion.
On a related note, analysts at Acumen Capital raised their price target on shares of Donaldson Company from $24.00 to $25.00 in a research note on Friday, August 15th.
Donaldson Company, Inc. (NYSE:DCI) opened at 40.69 on Wednesday. Donaldson Company, Inc. has a 52-week low of $34.60 and a 52-week high of $43.74. The stock’s 50-day moving average is $40.1 and its 200-day moving average is $41.4. The company has a market cap of $5.817 billion and a P/E ratio of 23.41.
Donaldson Company (NYSE:DCI) last released its earnings data on Wednesday, August 27th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.47 by $0.03. The company had revenue of $668.00 million for the quarter, compared to the consensus estimate of $654.67 million. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Analysts expect that Donaldson Company, Inc. will post $1.74 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Wednesday, August 13th.
Donaldson Company, Inc (NYSE:DCI) is a worldwide manufacturer of filtration systems and replacement parts.
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