MINNEAPOLIS (AP) _ Donaldson Co. (DCI) on Thursday reported fiscal fourth-quarter earnings of $64.2 million.
On a per-share basis, the Minneapolis-based company said it had profit of 50 cents.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The maker of filtration systems posted revenue of $617.4 million in the period.
For the year, the company reported profit of $257 million, or $2 per share. Revenue was reported as $2.58 billion.
Donaldson shares have decreased 11% since the beginning of the year. The stock has climbed 11% 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