earnings
confidence high
sentiment positive
materiality 0.75
Donaldson Q3 sales $875.7M, EPS $0.76, up 14% YoY; reaffirms FY guidance
DONALDSON Co INC
2023-Q3 EPS reported
$2.16
revenue$2,551,300,000
- Record Q3 sales of $875.7M, +2.6% YoY; GAAP EPS $0.76 vs $0.67 prior year.
- Operating margin 14.2%, up 120 bps; net earnings $93.7M (+13%).
- Industrial Solutions sales +13.8%; Aerospace & Defense +22.3%; Life Sciences -12.6%.
- FY2023 GAAP EPS guidance $2.90-$2.96; adjusted EPS $3.00-$3.06; sales +3-5%.
- Year-to-date dividends $84.1M; repurchased 1.7% of shares for $119.3M.