Donaldson Q4 Adj. EPS $0.78, Inline, Sales $879.50M Miss $895.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Donaldson (NYSE:DCI) reported Q4 adjusted earnings of $0.78 per share, in line with analyst consensus. However, the company's quarterly sales of $879.50 million missed the analyst consensus estimate of $895.95 million by 1.84 percent. This represents a 7.14 percent decrease in earnings and a 1.18 percent decrease in sales compared to the same period last year.
August 29, 2023 | 10:02 am
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Donaldson's Q4 earnings met expectations but sales missed estimates, indicating mixed financial performance. This could potentially impact investor sentiment.
Donaldson's earnings were in line with expectations, which is a positive signal. However, the company's sales missed estimates, which could be a concern for investors. The decrease in both earnings and sales compared to the same period last year could also negatively impact investor sentiment. Therefore, the short-term impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100