Dover Corp reports results for the quarter ended December 31 - Earnings Summary

Dover

30/01/2025 14:32

* Dover Corp  DOV.N  reported quarterly adjusted earnings of
$2.20​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$2.45.  The mean expectation of sixteen analysts for the quarter
was for earnings of $2.08 per share. Wall Street expected
results to range from $2.02  to $2.12 per share.
    * Revenue fell 8.4% to $1.93 billion from a year ago;
analysts
expected $1.95 billion. 
    * Dover Corp's reported EPS for the quarter was $1.72​.
    * The company reported quarterly net income of $1.44
billion.
    * Dover Corp shares had risen by 5.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Dover Corp is
$220.00 
This summary was machine generated from LSEG data January 30 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      2.08           2.20           Beat
 Sep. 30 2024      2.29           2.27           Missed
 Jun. 30 2024      2.21           2.36           Beat
 Mar. 31 2024      1.87           1.95           Beat