25.04.2024 12:38:53 - dpa-AFX: Dover Corp Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Dover Corp (DOV) reported a profit for its first
quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $632.22 million, or $4.52 per share. This
compares with $228.57 million, or $1.63 per share, in last year's first quarter.

Excluding items, Dover Corp reported adjusted earnings of $272.61 million or
$1.95 per share for the period.

Analysts on average had expected the company to earn $1.87 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 0.5% to $2.09 billion from $2.08
billion last year.

Dover Corp earnings at a glance (GAAP) :

-Earnings (Q1): $632.22 Mln. vs. $228.57 Mln. last year.
-EPS (Q1): $4.52 vs. $1.63 last year.
-Revenue (Q1): $2.09 Bln vs. $2.08 Bln last year.

-Guidance:
Full year EPS guidance: $9.00 to $9.15


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DOVER CORP. DL 1 853707 Frankfurt 173,050 23.05.24 08:08:56 +2,050 +1,20% 171,000 171,400 173,050 171,000

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