Donaldson (NYSE: DCI) reported earnings on May 18. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 30 (Q3), Donaldson met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share expanded.

Margins grew across the board.

Revenue details
Donaldson booked revenue of $647.2 million. The eight analysts polled by S&P Capital IQ anticipated net sales of $649.8 million on the same basis. GAAP reported sales were 8.9% higher than the prior-year quarter's $594.6 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.46. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.43 per share. GAAP EPS of $0.46 for Q3 were 15% higher than the prior-year quarter's $0.40 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 35.3%, 10 basis points better than the prior-year quarter. Operating margin was 15.2%, 120 basis points better than the prior-year quarter. Net margin was 11.0%, 60 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $678.7 million. On the bottom line, the average EPS estimate is $0.46.

Next year's average estimate for revenue is $2.52 billion. The average EPS estimate is $1.64.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Donaldson is hold, with an average price target of $33.92.