Stock Track | Donaldson Stock Soars 6.98% Pre-Market on Strong Q3 Results and Raised Outlook

Stock Track
06-03

Donaldson Company Inc. (NYSE: DCI) saw its stock price surge 6.98% in pre-market trading on Tuesday following the release of its third-quarter fiscal 2025 financial results. The filtration products maker reported better-than-expected earnings and raised its full-year guidance, demonstrating resilience in a challenging economic environment.

For the quarter ended April 30, Donaldson reported adjusted earnings of $0.99 per share, surpassing analysts' expectations of $0.95 and marking a 7.6% increase from the same period last year. The company's sales also beat estimates, coming in at $940.1 million compared to the expected $933.4 million, representing a 1.3% year-over-year increase.

In light of the strong performance, Donaldson raised its fiscal 2025 outlook. The company now expects adjusted earnings per share to be between $3.64 and $3.70, up from the previous guidance of $3.60 to $3.68. Additionally, Donaldson anticipates full-year sales growth of 1% to 3%, demonstrating confidence in its future performance despite ongoing economic uncertainties. The company also announced an 11% increase in its quarterly dividend, further boosting investor confidence.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10