4Q results to exceed expectations

Avatar photo

MINNEAPOLIS, Minn. — Donaldson says preliminary revenues for its fiscal fourth quarter ended July 31, were up from the third quarter’s $269.7 million.

The company is up an estimated 10 per cent from its third-quarter earnings.

“We were expecting very strong gas turbine shipments in our fourth quarter due to its exceptionally strong 90-day backlog,” says Bill Van Dyke, chairman, president and chief executive officer. “I’m pleased to announce that we are able to surpass those high expectations through our ability to deliver gas turbine systems where and when our customers need them.”

The company will report its fiscal fourth-quarter results after market close on Aug. 28.

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.