Donaldson Company Inc. Q2 Profit Decreases, Misses Estimates

(RTTNews) - Donaldson Company Inc. (DCI) released earnings for second quarter that decreased from last year and missed the Street estimates.

The company's earnings totaled $95.9 million, or $0.79 per share. This compares with $98.7 million, or $0.81 per share, last year.

Excluding items, Donaldson Company Inc. reported adjusted earnings of $101.0 million or $0.83 per share for the period.

Analysts on average had expected the company to earn $0.85 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 0.8% to $870.0 million from $876.7 million last year.

Donaldson Company Inc. earnings at a glance (GAAP) :

-Earnings: $95.9 Mln. vs. $98.7 Mln. last year. -EPS: $0.79 vs. $0.81 last year. -Revenue: $870.0 Mln vs. $876.7 Mln last year.

-Guidance: Full year EPS guidance: $3.60 and $3.68