Wall Street analysts forecast that Donaldson (DCI) will report quarterly earnings of $0.90 per share in its upcoming release, pointing to a year-over-year increase of 8.4%. It is anticipated that revenues will amount to $898.46 million, exhibiting an increase of 3.3% compared to the year-ago quarter.
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.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions 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.
With that in mind, let's delve into the average projections of some Donaldson metrics that are commonly tracked and projected by analysts on Wall Street.
The collective assessment of analysts points to an estimated 'Net Sales- Industrial Solutions segment' of $267.50 million. The estimate points to a change of +5.4% from the year-ago quarter.
The consensus among analysts is that 'Net Sales- Life Sciences segment' will reach $71.07 million. The estimate suggests a change of +3.3% year over year.
Based on the collective assessment of analysts, 'Net Sales- Mobile Solutions' should arrive at $562.44 million. The estimate points to a change of +2.7% from the year-ago quarter.
Analysts' assessment points toward 'Net Sales- Mobile Solutions- On-Road' reaching $24.08 million. The estimate indicates a change of -4.8% from the prior-year quarter.
The combined assessment of analysts suggests that 'Net Sales- Mobile Solutions- Off-Road' will likely reach $84.70 million. The estimate suggests a change of +5.6% year over year.
According to the collective judgment of analysts, 'Net Sales- Industrial Solutions- Aerospace and Defense' should come in at $46.37 million. The estimate indicates a year-over-year change of +0.4%.
The average prediction of analysts places 'Net Sales- Industrial Solutions- Industrial Filtration Solutions' at $221.10 million. The estimate indicates a change of +6.6% from the prior-year quarter.
Analysts forecast 'Net Sales- Mobile Solutions- Aftermarket' to reach $453.65 million. The estimate indicates a year-over-year change of +2.6%.
It is projected by analysts that the 'Earnings / (loss) before income taxes- Mobile Solutions' will reach $99.84 million. Compared to the current estimate, the company reported $95.50 million in the same quarter of the previous year.
Analysts expect 'Earnings / (loss) before income taxes- Industrial Solutions' to come in at $44.44 million. The estimate is in contrast to the year-ago figure of $40.90 million.
View all Key Company Metrics for Donaldson here>>>
Over the past month, Donaldson shares have recorded returns of +6.9% versus the Zacks S&P 500 composite's +1.8% change. Based on its Zacks Rank #3 (Hold), DCI will likely exhibit a performance that aligns with the overall market in the upcoming period. 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 ReportThis article originally published on Zacks Investment Research (zacks.com).
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