Dover Corp expected to post earnings of $2.29 a share - Earnings Preview

Dover

22/10/2024 15:04

* Dover Corp  DOV.N   DOV  is expected to show a fall in
quarterly
revenue when it reports  results on October 24 for the period
ending September 30 2024
    * The Downers Grove Illinois-based  company is expected to
report
a 4.4% decrease in revenue to $2.06 billion from $2.15 billion a
year ago, according to the mean estimate from 15 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Dover Corp is for
earnings of
$2.29 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Dover Corp
is
$210.00​, above​ its last closing price of $192.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.22        2.21       2.36      Beat    6.7
 Mar. 31 2024  1.88        1.87       1.95      Beat    4.5
 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.        2.20        2.20       2.05      Missed  -7
 30 2023                                                
 Mar. 31 2023  1.93        1.92       1.94      Beat    0.9​
 Dec. 31 2022  2.15        2.15       2.16      Beat    0.4
 Sep. 30 2022  2.18        2.18       2.26      Beat    3.5
 This summary was machine generated October 22 at 14:04 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)