Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Dover Corporation ($DOV)

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Dover Corporation (NYSE: DOV) has announced that it will be releasing its financial results for the third quarter of 2024 on Thursday 24th October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.

According to the forecasts of financial experts on Wall Street, the organization is expected to reveal an anticipated $2.31 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $2.06 billion.

Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $2.35. This figure was attributed to the company's total revenue, which reached an impressive $2.15 billion during that same period.

Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $8.13 billion. Additionally, they are expecting the company to report profit of $8.92 per share for the full year 2024.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.36 +15.1% 2.18 B +3.7%
Q1 2024 $1.95 +0.5% 2.09 B +0.7%
Q4 2023 $2.45 +13.4% 2.11 B -1.5%
Q3 2023 $2.35 +4.0% 2.15 B -0.2%
Q2 2023 $2.05 -4.2% 2.10 B -2.7%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 24th October 2024 at 09:30 AM eastern time, in a conference call with public.

Dover Corporation (DOV) closed Tuesday's regular trading session at $191.40, showing a 0.7 percent decline. During the day, DOV shares traded between $190.20 and $192.40, with a day volume of 754.40 thousand shares.