MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Donaldson Co. (DCI) on Tuesday reported fiscal third-quarter net income of $118.1 million.
The Minneapolis-based company said it had profit of $1 per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to $1.06 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.
The maker of filtration systems posted revenue of $995.1 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $979.1 million.
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