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

Dover

24/04/2025 14:33

Dover Corp DOV.N reported quarterly adjusted earnings of $2.05​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.95.  The mean expectation of sixteen analysts for the quarter was for earnings of $1.98 per share. Wall Street expected results to range from $1.90  to $2.04 per share.

Revenue fell 10.9% to $1.87 billion from a year ago; analysts expected $1.88 billion.

Dover Corp's reported EPS for the quarter was $1.67​.

The company reported quarterly net income of $230.82 million.

Dover Corp shares had fallen by 5.3% this quarter and lost 11.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.8% in the last three months.​

In the last 30 days, five 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," 8 "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 $209.00

This summary was machine generated from LSEG data April 24 at 01:32 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
Mar. 31 2025
1.98
2.05
Beat
Dec. 31 2024
2.08
2.20
Beat
Sep. 30 2024
2.29
2.27
Missed
Jun. 30 2024
2.21
2.36
Beat