Donaldson Company, Inc. provided earnings guidance for the year 2023. For the year, the company expects 2023 EPS between $2.91 and $3.07, compared with 2022 GAAP. Full-year 2023 net sales are projected to increase between 1% and 5% versus the prior year, including benefits from pricing of approximately 6% and a negative impact from currency translation of approximately 4%.

The impact of currency translation is expected to be similar for both the Engine and Industrial segments.