Donaldson Co. (DCI) Has Broken Out To A New High After Q1 Profit Beat

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( - Donaldson Co. ( DCI ) reported first quarter adjusted EPS of $0.38 Thursday morning, up from $0.34 a year ago. Analysts expected EPS of $0.35. Full year 2017 adjusted EPS is expected to be between $1.50 and $1.56. Street expectations are for EPS of $1.57.

Donaldson gapped open higher Thursday and has risen sharply in early trade. The stock is now up 4.27 at $44.83 on above average volume. Donaldson has broken out of over a 2-week trading range and has set a new high for the year.

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Referenced Symbols: DCI

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