Donaldson (DCI) Reports In-Line Q4 EPS

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Donaldson Company Reports Fourth Quarter and Full-Year 2021 Earnings

September 2, 2021 6:00 AM EDT

Fiscal 2021 sales increased to a record $2.854 billion; Q421 sales rose 25.2% versus Q420

Full-year and Q421 GAAP gross margin rose 20 bps and 70 bps, respectively, versus fiscal 2020

Record fiscal 2021 and Q421 GAAP EPS of $2.24 and $0.66 up 12% and 32%, respectively

Fiscal 2022 sales forecasted to increase between 5% and 10%; EPS projected at $2.50 to $2.66

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI) (the Company) today reported fiscal 2021 generally accepted accounting principles (GAAP) net earnings of $84.3 million in the fourth quarter and $286.9 million... More