Stock Track | Donaldson Soars 5.29% Intraday on Strong Q1 Earnings and Raised FY2026 Guidance

Stock Track12-04 22:36

Donaldson (DCI) surged 5.29% during Thursday's intraday trading after reporting better-than-expected fiscal Q1 earnings and raising its full-year profit outlook.

The filtration systems company posted adjusted earnings of $0.94 per share, beating the consensus estimate of $0.92, while net sales rose 3.9% year-over-year to $935.4 million, also surpassing expectations. The strong performance was driven by growth in replacement parts demand, cost optimization, and market share gains.

Donaldson raised its fiscal 2026 adjusted EPS guidance to $3.95-$4.11, up from its prior range of $3.92-$4.08, signaling confidence in continued operational strength. CEO Tod Carpenter highlighted the company's ability to convert sales growth into higher profits despite macroeconomic challenges.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment