Donaldson Co. (DCI) reported first quarter EPS of $0.40 Thursday morning, compared to $0.41 a year ago. Analysts expected EPS of $0.42. Full year 2015 EPS is expected to be between $1.77 and $1.87, compared to prior expectations of $1.81 to $2.01. Analysts are expecting EPS of $1.93.
Donaldson gapped open sharply lower Thursday and pulled back in early trade, before settling into a narrow range. The stock ended the day lower by 2.89 at $39.86 on the highest volume in 6 months. Donaldson sank to nearly a 1-month low and fell below its 50 and 200-day moving averages.
For comments and feedback contact: editorial@rttnews.com
Business News