22 percent sales increase and strong operating margin deliver record EPS of $0.65

- Smaller footprint with smarter filtration technology

Donaldson is an excellent industrial company, but there is no need to chase this stock just yet.

Donaldson (NYSE: DCI) announced earnings of $0.65 which was $0.01 above the consensus. Jefferies reports they are lowering their 2011 earnings estimate $0.05 to $2.55 “to better reflect a $0.16 headwind from growth investments and caution on seasonal weakness in December and January.”

In other citings, Jefferies reports Donaldson’s sales rose 4% over the previous quarter. “DCI will reinvest an incremental $18m in FY11, split between growing its liquid filtration, expanding its international presence, growing R&D faster than forecasted sales growth of 4%-10%, and implementing a global supply chain effectiveness program.”

Jefferies maintains a buy rating and has a price target of $52 on Donaldson.

Jefferies closed yesterday at $41.90

Some of the stocks that may grab the investor focus today are:

Wall Street expects Dollar General (NYSE: DG) to post its Q2 EPS at $0.39. DG’s shares lost 2.53% to close at $27.38 yesterday.

Donaldson Co (NYSE: DCI) reported its FQ4 net income at $0.65 per share, up from $0.30 per share, in the year-ago quarter. The company posted its revenue at $515.2 million, up from $421.3 million, in the year-ago period. However, the analysts expected the company to post its earnings at $0.64 per share on revenue of $498.9 million. DCI’s shares gained 0.37% to $43.04 in after-hours trading.

Hewlett-Packard (NYSE: HPQ) has agreed to pay $55 million to the US government in settlement of claims of defrauding the General Services Administration, according to the Justice Department. HPQ’s shares fell 0.16% to $38.50 in pre-market trading.

Winn-Dixie Stores Inc (NASDAQ: WINN) posted its Q4 net income at $0.25 per share, up from $0.17 per share, in the year-ago period. The company’s revenue rose 1.8% y/y to $1.75 billion. However, the analysts expected the company to report its earnings of $0.15 per share on revenue of $1.79 billion. WINN’s shares rose 0.12% to $8.03 in the after-hours trading session.

Read more from Benzinga's Company news.

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Donaldson Company Inc. (DCI) announced after the close on Monday that its fiscal fourth-quarter profit surged on higher worldwide sales and improving margins.DCI earnings rolled in at %2451.2 million, or 65 cents per share, up from %2423.6 million, or 30 cents per share, a year earlier...(Read More)

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New York, August 27th (TradersHuddle.com) - Shares of Donaldson Company, Inc. (NYSE:DCI) are trading higher by +0.57% ahead of its quarterly earnings release. Donaldson, the global provider of filtration systems and replacement parts is expected to release its quarterly results on August 30th.

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