MINNEAPOLIS (AP) _ Donaldson Co. (DCI) on Tuesday reported fiscal third-quarter net income of $63.4 million.

On a per-share basis, the Minneapolis-based company said it had profit of 50 cents.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.

The maker of filtration systems posted revenue of $629.7 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $605 million.

Donaldson shares have decreased 17% since the beginning of the year. The stock has climbed roughly 1% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DCI at https://www.zacks.com/ap/DCI

Automated Insights, source Associated Press News