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Donaldson (DCI) Reports Q3 Earnings: What Key Metrics Have to Say
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For the quarter ended April 2023, Donaldson (DCI - Free Report) reported revenue of $875.7 million, up 2.6% over the same period last year. EPS came in at $0.76, compared to $0.67 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $871.53 million, representing a surprise of +0.48%. The company delivered an EPS surprise of +2.70%, with the consensus EPS estimate being $0.74.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Donaldson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net sales- Life Sciences segment: $59.20 million versus $65.72 million estimated by four analysts on average.
Net sales- Mobile Solutions: $555 million versus $554.82 million estimated by four analysts on average.
Net sales- Industrial products: $261.50 million versus the four-analyst average estimate of $251 million. The reported number represents a year-over-year change of +3.7%.
Net sales- Industrial Solutions- Industrial Filtration Solutions: $223.30 million compared to the $214.53 million average estimate based on three analysts.
Net sales- Mobile Solutions- Aftermarket: $401.40 million versus the three-analyst average estimate of $408.18 million.
Net sales- Industrial Solutions- Aerospace and Defense: $38.20 million compared to the $35.98 million average estimate based on three analysts.
Net sales- Mobile Solutions- Off-Road: $115.60 million versus the three-analyst average estimate of $108.40 million.
Net sales- Mobile Solutions- On-Road: $38 million compared to the $36.42 million average estimate based on three analysts.
Earnings / (loss) before income taxes- Mobile Solutions segment: $83.40 million compared to the $78.69 million average estimate based on four analysts.
Earnings / (loss) before income taxes- Life Sciences: $0.20 million compared to the $10.14 million average estimate based on four analysts.
Earnings / (loss) before income taxes- Corporate and unallocated: -$11.20 million versus the four-analyst average estimate of -$13.27 million.
Earnings / (loss) before income taxes- Industrial Products: $49.10 million compared to the $41.44 million average estimate based on four analysts.
Shares of Donaldson have returned -0.7% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Donaldson (DCI) Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended April 2023, Donaldson (DCI - Free Report) reported revenue of $875.7 million, up 2.6% over the same period last year. EPS came in at $0.76, compared to $0.67 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $871.53 million, representing a surprise of +0.48%. The company delivered an EPS surprise of +2.70%, with the consensus EPS estimate being $0.74.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Donaldson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net sales- Life Sciences segment: $59.20 million versus $65.72 million estimated by four analysts on average.
- Net sales- Mobile Solutions: $555 million versus $554.82 million estimated by four analysts on average.
- Net sales- Industrial products: $261.50 million versus the four-analyst average estimate of $251 million. The reported number represents a year-over-year change of +3.7%.
- Net sales- Industrial Solutions- Industrial Filtration Solutions: $223.30 million compared to the $214.53 million average estimate based on three analysts.
- Net sales- Mobile Solutions- Aftermarket: $401.40 million versus the three-analyst average estimate of $408.18 million.
- Net sales- Industrial Solutions- Aerospace and Defense: $38.20 million compared to the $35.98 million average estimate based on three analysts.
- Net sales- Mobile Solutions- Off-Road: $115.60 million versus the three-analyst average estimate of $108.40 million.
- Net sales- Mobile Solutions- On-Road: $38 million compared to the $36.42 million average estimate based on three analysts.
- Earnings / (loss) before income taxes- Mobile Solutions segment: $83.40 million compared to the $78.69 million average estimate based on four analysts.
- Earnings / (loss) before income taxes- Life Sciences: $0.20 million compared to the $10.14 million average estimate based on four analysts.
- Earnings / (loss) before income taxes- Corporate and unallocated: -$11.20 million versus the four-analyst average estimate of -$13.27 million.
- Earnings / (loss) before income taxes- Industrial Products: $49.10 million compared to the $41.44 million average estimate based on four analysts.
View all Key Company Metrics for Donaldson here>>>Shares of Donaldson have returned -0.7% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.