Dover: Q1 Earnings Insights

Shares of Dover DOV rose 0.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 30.22% year over year to $1.81, which beat the estimate of $1.45.

Revenue of $1,868,000,000 higher by 12.80% from the same period last year, which beat the estimate of $1,730,000,000.

Outlook

The upcoming fiscal year's EPS expected to be between $6.75 and $6.85.

The upcoming fiscal year's revenue expected to be between $7,352,000,000 and $7,486,000,000.

Conference Call Details

Date: Apr 20, 2021

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/qd8sddct

Recent Stock Performance

Company's 52-week high was at $141.21

Company's 52-week low was at $79.87

Price action over last quarter: Up 20.55%

Company Profile

Dover is a diversified industrial manufacturing company with products and services that include digital printing for fast-moving consuming goods, marking and coding for the food and beverage industry, loaders for the waste collection industry, pumps for the transport of fluids, including petroleum and natural gas, and commercial refrigerators used in groceries and convenience stores. Most of the business operates in the United States. After the spin-off of Apergy, the company operates through five segments: engineered systems, fueling solutions, imaging and identification, pumps and process solutions, and refrigeration and food equipment.