earnings
confidence high
sentiment positive
materiality 0.75
Donaldson posts record FY2021 sales of $2.854B; Q4 EPS $0.66 vs $0.50 YoY; FY2022 guidance raised
DONALDSON Co INC
2021-FY EPS reported
$2.24
revenue$2,853,900,000
- Q4 sales $773.1M (+25.2% YoY); full-year sales $2.854B (record).
- Q4 GAAP EPS $0.66 (+32% YoY); full-year GAAP EPS $2.24, adjusted $2.32.
- Engine Products Q4 sales +28.1%; Industrial Products +19.5%.
- FY2022 guidance: EPS $2.50-$2.66, sales growth 5%-10%.
- Restructuring charges of $14.8M in FY2021; $8M annualized savings expected by Q3 FY2022.