Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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November 19, 2009 Donaldson Tops Estimates

I mentioned before that Donaldson (DCI) is a candidate to be cut from next year’s Buy List. This obviously terrified them as DCI reported first-quarter earnings of 45 cents a share, which was an amazing 11 cents better than expectations. That’s a huge beat and the stock is up nicely today. Donaldson now expects full-year earnings (excluding items) between $1.75 and $1.95 a share. I still think the shares are on the high side.

Posted by edelfenbein at November 19, 2009 10:26 AM

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