By Terell Wright
Shares of Donaldson rose after the company said its first-quarter profit and sales were up, helped by increased market share in its key businesses and benefits from cost cuts.
Shares rose more than 7% to $93.99, and are up 38% year-to-date.
The filtration products company posted a first-quarter profit of $113.9 million, or 97 cents a share, up from $99 million, or 81 cents a share, in the same period a year earlier.
Stripping out certain items, adjusted earnings were 94 cents a share. Analysts expected 92 cents a share, according to FactSet.
Sales rose 3.9% to $935.4 million, beating Wall Street's estimate of $922.9 million.
Donaldson Chief Executive Tod Carpenter said the company raised its full-year adjusted earnings per share and operating margin view following a quarter of solid sales growth, leverage on higher sales and benefits from cost optimization initiatives.
Donaldson now expects adjusted full-year earnings per share of $3.95 to $4.11, up from prior guidance of $3.92 to $4.08. The new view excludes a 3-cent per share gain it recognized in the first quarter. Analysts were looking for $4.01 a share, according to FactSet.
The company raised its full-year adjusted operating margin view to a range of 16.2% to 16.8%, up from previous guidance of between 16.1% and 16.7%.
Write to Terell Wright at terell.wright@wsj.com
(END) Dow Jones Newswires
December 04, 2025 11:39 ET (16:39 GMT)
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