Dover Earnings Preview: Analysts Expect Rising Revenue

It's time to get ready for Dover DOV earnings! Don't be caught off-guard: The company releases its next round of earnings this Friday, July 22, 2011.

Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Friday's second quarter earnings announcement.

Let's Do the Numbers:

Based on estimates, investors are readying for a positive EPS reading of $1.15 per share and revenues of $2.09 billion. We'll have to wait for Friday to see if Dover falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.9	$0.82	$0.9	$0.78
EPS Actual	$0.92	$0.94	$0.98	$0.91

Stock Performance:

At last check, shares of Dover were trading at $65.67. Shares are up 13.3% year to date. For a full 12 months, the return has risen by 23.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Dover is a Hold.

Competitors:

Wondering how Dover compares to rivals in the same sector? Here are a few of the company's peers.

• Ametek AME: Moderate Buy with a $0.57 recent quarter EPS
• Actuant ATU: Moderate Buy with a $0.51 recent quarter EPS
• Danaher DHR: Moderate Buy with a $0.61 recent quarter EPS
• Gardner Denver GDI: Moderate Buy with a $1.13 recent quarter EPS

Dover is in the machine industrial industry, which has experienced price/earnings growth of 1.2%.

Finally, a description of the main business areas of the company, in case you need a little refresher: Dover operates a portfolio of manufacturing companies providing innovative components and equipment, specialty systems and support services for a variety of applications to global customers.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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