Donaldson Narrows FY25 Adj. EPS Outlook As Q2 Results Miss Estimates

rttnews
2025.02.27 11:24
portai
I'm PortAI, I can summarize articles.

Donaldson Co. Inc. (DCI) has narrowed its adjusted earnings guidance for FY25 to $3.60-$3.68 per share, down from a previous range of $3.56-$3.72. The company also reduced its sales growth outlook to 0-4%. In Q2, net earnings fell to $95.9 million ($0.79/share) from $98.7 million ($0.81/share) year-over-year, with net sales decreasing by 0.8% to $870 million. Analysts had expected earnings of $0.85/share on sales of $908.32 million.