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Dover Corp (DOV) announced a profit for its first quarter that rose from the same period last year.


RTTNews | Apr 20, 2021 06:39AM EDT

06:38 Tuesday, April 20, 2021 (RTTNews.com) - Dover Corp (DOV) announced a profit for its first quarter that rose from the same period last year.

The company's bottom line came in at $232.77 million, or $1.61 per share. This compares with $176.28 million, or $1.21 per share, in last year's first quarter.

Excluding items, Dover Corp reported adjusted earnings of $262.70 million or $1.81 per share for the period.

Analysts had expected the company to earn $1.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.7% to $1.87 billion from $1.66 billion last year.

Dover Corp earnings at a glance:

-Earnings (Q1): $262.70 Mln. vs. $203.23 Mln. last year.-EPS (Q1): $1.81 vs. $1.39 last year.-Analysts Estimate: $1.45-Revenue (Q1): $1.87 Bln vs. $1.66 Bln last year.

-Guidance:Full year EPS guidance: $6.75 to $6.85

Read the original article on RTTNews ( https://www.rttnews.com/3186310/dover-corp-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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