Dover Corp expected to post earnings of $1.87 a share - Earnings Preview

Dover

23/04/2024 14:43

* Dover Corp  DOV.N   DOV  is expected to show a fall in
quarterly
revenue when it reports  results on April 25 for the period
ending March 31 2024
    * The Downers Grove Illinois-based  company is expected to
report
a 2.1% decrease in revenue to $2.035 billion from $2.08 billion
a year ago, according to the mean estimate from 14 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Dover Corp is for
earnings of
$1.87 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Dover Corp
is
$180.00​, above​ its last closing price of $170.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.42        2.42       2.45      Beat    1.2
 Sep. 30 2023  2.32        2.32       2.35      Beat    1.1
 Jun. 30 2023  2.20        2.20       2.05      Missed  -7​
 Mar. 31 2023  1.93        1.92       1.94      Beat    0.9
 ​​Dec.        2.15        2.15       2.16      Beat    0.4
 31 2022                                                
 Sep. 30 2022  2.18        2.18       2.26      Beat    3.5​
 Jun. 30 2022  2.06        2.07       2.14      Beat    3.2
 Mar. 31 2022  1.81        1.83       1.90      Beat    4
 This summary was machine generated April 23 at 13:43 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)