Donaldson Company Inc. Q1 adjusted earnings Miss Estimates

(RTTNews) - Donaldson Company Inc. (DCI) reported a profit for its first quarter that climbed from the same period last year.

The company's profit totaled $73.8 million, or $0.56 per share. This compares with $60.9 million, or $0.46 per share, in last year's first quarter.

Excluding items, Donaldson Company Inc. reported adjusted earnings of $72.9 million or $0.56 per share for the period.

Analysts had expected the company to earn $0.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.8% to $701.4 million from $644.8 million last year.

Donaldson Company Inc. earnings at a glance:

-Earnings (Q1): $72.9 Mln. vs. $60.9 Mln. last year. -EPS (Q1): $0.56 vs. $0.46 last year. -Analysts Estimate: $0.57 -Revenue (Q1): $701.4 Mln vs. $644.8 Mln last year.

-Guidance: Full year EPS guidance: $2.31 - $2.45