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Here's What Key Metrics Tell Us About Dover Corporation (DOV) Q4 Earnings
Zacks Investment Research· 2024-02-01 15:37
For the quarter ended December 2023, Dover Corporation (DOV) reported revenue of $2.11 billion, down 1.6% over the same period last year. EPS came in at $2.45, compared to $2.16 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.17 billion, representing a surprise of -3.09%. The company delivered an EPS surprise of +0.41%, with the consensus EPS estimate being $2.44.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
Dover Corporation (DOV) Beats Q4 Earnings Estimates
Zacks Investment Research· 2024-02-01 13:41
Dover Corporation (DOV) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.41%. A quarter ago, it was expected that this company would post earnings of $2.35 per share when it actually produced earnings of $2.35, delivering no surprise.Over the last four quarters, the company has surpa ...
Dover Acquires Bulloch Technologies, Inc., a Leading Provider of Point-of-Sale Solutions to the Convenience Retail Industry
Prnewswire· 2024-01-31 21:15
DOWNERS GROVE, Ill., Jan. 31, 2024 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it has completed the acquisition of Bulloch Technologies, Inc. ("Bulloch"), a provider of point-of-sale ("POS"), forecourt controller, and electronic payment server solutions to the convenience retail industry for CAD150 million, subject to customary adjustments and with additional contingent consideration tied to future growth of the business. Bulloch will become part of the Dover Fueling Solutions ("DFS") operating u ...
Rotary Releases Revolutionary, Patent-Pending, All-Vehicle Lift Arms
Prnewswire· 2024-01-30 21:15
DOWNERS GROVE, Ill., Jan. 30, 2024 /PRNewswire/ -- Rotary®, part of Vehicle Service Group™ (VSG) and Dover (NYSE: DOV), today announced the launch of its new, patent-pending All-Vehicle (AV) lift arms. The arms are a breakthrough innovation designed to make it easier for automotive service professionals to correctly spot and lift nearly any vehicle make and model – including next generation electric vehicles (EVs) – using a single lift. As vehicle designs have continued to evolve in recent years, selecting ...
Dover (DOV) to Report Q4 Earnings: What's in the Offing?
Zacks Investment Research· 2024-01-29 14:31
Dover Corporation (DOV) will release fourth-quarter 2023 results on Feb 1, before the opening bell.Q3 ResultsIn the last reported quarter, Dover’s earnings were in line with the Zacks Consensus Estimate, while sales missed the same. DOV reported a year-over-year improvement in its bottom line, whereas the top line remained flat year over year. The company has a trailing four-quarter negative surprise of 1.69%, on average.Q4 EstimatesThe Zacks Consensus Estimate for DOV’s fourth-quarter 2023 earnings per sha ...
Markem-Imaje Launches Breakthrough Trigger Device for Portable Coding and Marking
Prnewswire· 2024-01-24 21:15
DOWNERS GROVE, Ill., Jan. 24, 2024 /PRNewswire/ -- Markem-Imaje, part of Dover (NYSE: DOV) and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, today announced that it has launched a Marking Trigger Device that enhances the flexibility of its equipment for direct coding on a wide range of surfaces and sizes, including objects as large as aircraft wings. The Marking Trigger Device, which was invented by a Markem-Imaje product expert as part of an internal inno ...
Dover(DOV) - 2023 Q3 - Earnings Call Transcript
2023-10-24 18:28
Dover Corporation (NYSE:DOV) Q3 2023 Earnings Conference Call October 24, 2023 10:00 AM ET Company Participants Andrey Galiuk - Vice President, Corporate Development and Investor Relations Richard Tobin - President and Chief Executive Officer Brad Cerepak - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Tusa - JPMorgan Chase & Co. Jeffrey Sprague - Vertical Research Partners, LLC David Ridley-Lane - Bank of America Merrill Lynch Michael Halloran - Robert W. Baird & Co. ...
Dover(DOV) - 2023 Q3 - Earnings Call Presentation
2023-10-24 13:55
October 24, 2023 – 9:00am CT – Stoppages in auto curtailing demand on components in vehicle service and industrial automation, and chassis availability in waste handling – Elevated transaction and integration costs due to recent portfolio moves and ongoing pipeline activity Book-to-bill(2): 0.93, reflecting better lead times and strong shipments against longer-dated orders All-in ▪ Backlog(2): -16% Y-o-Y; +91% vs. 2019 ▪ Adjusted(1) Q3 Y-o-Y change: +2% (1) Non-GAAP measures (definitions and/or reconciliati ...
Dover(DOV) - 2023 Q3 - Quarterly Report
2023-10-23 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission File Number: 1-4018 (Exact name of registrant as specified in its charter) Delaware 53-0257888 (State or other jurisdiction of incorporation or orga ...
Dover(DOV) - 2023 Q2 - Earnings Call Presentation
2023-07-25 18:29
July 25, 2023 – 9:00am CT In addition to financial measures based on U.S. GAAP, Dover provides supplemental non-GAAP financial information. Management uses non-GAAP measures in addition to GAAP measures to understand and compare operating results across periods, make resource allocation decisions, and for forecasting and other purposes. Management believes these non-GAAP measures reflect results in a manner that enables, in many instances, more meaningful analysis of trends and facilitates comparison of res ...