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.
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