MURGY, DOV and EBC have been added to the Zacks Rank #5 (Strong Sell) List on October 28, 2024.
A mixed quarter and reduced annual guidance put a gloomy sheen on the company's shares.
Dover Corporation (NYSE:DOV ) Q3 2024 Earnings Conference Call October 24, 2024 9:30 AM ET Company Participants Jack Dickens - Senior Director, IR Richard Tobin - President and CEO Brad Cerepak - SVP and CFO Conference Call Participants Jeff Sprague - Vertical Research Partners Julian Mitchell - Barclays Scott Davis - Melius Research Deane Dray - RBC Nigel Coe - Wolfe Research Joe O'Dea - Wells Fargo Steve Tusa - JPMorgan Joe Ritchie - Goldman Sachs Andy Kaplowitz - Citigroup Mike Halloran - Baird Operator Good morning, and welcome to Dover's Third Quarter 2024 Earnings Conference Call. Speaking today are Richard J.
DOV lowers its 2024 adjusted EPS view to $8.08-$8.18 for 2024 from $9.05-$9.20 to exclude the impacts of the ESG business unit.
While the top- and bottom-line numbers for Dover (DOV) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Dover Corporation (DOV) came out with quarterly earnings of $2.27 per share, beating the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2.35 per share a year ago.
DOV's third-quarter results are likely to reflect the benefits of solid order trends across segments as well as the contribution of recent acquisitions, partially offset by higher costs.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Dover (DOV), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Dover (DOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dover (DOV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here is how Dover Corporation (DOV) and Flowserve (FLS) have performed compared to their sector so far this year.
DOV's subsidiary launches MW2440 ink for Polyethylene Cables in response to consumers' increasing demands for safety.