(RTTNews) - While reporting financial results for the second quarter on Thursday, Donaldson Co. Inc. (DCI) narrowed its adjusted earnings guidance range for the full-year 2025, while trimming annual sales growth outlook.
For fiscal 2025, Donaldson now projects adjusted earnings in a range of $3.60 and $3.68 per share on net sales growth of 0 to 4 percent.
Previously, the company expected adjusted earnings in the range of $3.56 and $3.72 per share on net sales growth of 2 to 6 percent.
On average, nine analysts polled expect the company to report earnings of $3.63 per share on sales growth of 4.25 percent to $3.74 billion for the year. Analysts' estimates typically exclude special items.
For the second quarter, the company reported net earnings of $95.9 million or $0.79 per share, down from $98.7 million or $0.81 per share per share in the prior-year quarter.
Net sales for the quarter edged down 0.8 percent to $870.0 million from $876.7 million in the same quarter last year.
The Street was looking for earnings of $0.85 per share on net sales of $908.32 million for the quarter.
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