Analysts on Wall Street project that Donaldson (DCI) will announce quarterly earnings of $1.05 per share in its forthcoming report, representing an increase of 6.1% year over year. Revenues are projected to reach $979.07 million, increasing 4.1% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Donaldson metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Net Sales- Industrial Solutions segment' stands at $290.35 million. The estimate suggests a change of +2.5% year over year.
It is projected by analysts that the 'Net Sales- Life Sciences segment' will reach $79.45 million. The estimate suggests a change of +7.1% year over year.
The collective assessment of analysts points to an estimated 'Net Sales- Mobile Solutions' of $613.24 million. The estimate suggests a change of +5.3% year over year.
Analysts predict that the 'Net Sales- Mobile Solutions- On-Road' will reach $31.21 million. The estimate indicates a change of +16% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net Sales- Mobile Solutions- Off-Road' should arrive at $99.29 million. The estimate points to a change of +3.9% from the year-ago quarter.
The consensus among analysts is that 'Net Sales- Industrial Solutions- Aerospace and Defense' will reach $49.32 million. The estimate suggests a change of -4.2% year over year.
Analysts expect 'Net Sales- Industrial Solutions- Industrial Filtration Solutions' to come in at $241.37 million. The estimate suggests a change of +4.1% year over year.
According to the collective judgment of analysts, 'Net Sales- Mobile Solutions- Aftermarket' should come in at $482.40 million. The estimate suggests a change of +4.9% year over year.
The combined assessment of analysts suggests that 'Earnings / (loss) before income taxes- Mobile Solutions' will likely reach $113.36 million. Compared to the present estimate, the company reported $105.30 million in the same quarter last year.
The average prediction of analysts places 'Earnings / (loss) before income taxes- Life Sciences' at $6.46 million. The estimate compares to the year-ago value of $5.80 million.
Analysts' assessment points toward 'Earnings / (loss) before income taxes- Industrial Solutions' reaching $53.01 million. The estimate compares to the year-ago value of $51.20 million.
View all Key Company Metrics for Donaldson here>>>Shares of Donaldson have demonstrated returns of -3.8% over the past month compared to the Zacks S&P 500 composite's +5% change. With a Zacks Rank #3 (Hold), DCI is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Donaldson Company, Inc. (DCI): Free Stock Analysis Report
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