Dover to Report Q4 Earnings: What's in the Cards for the Stock?

Core Viewpoint - Dover Corporation (DOV) is expected to report a decline in both revenue and earnings for the fourth quarter of 2024, with a consensus revenue estimate of $1.98 billion, reflecting a 6.2$2.08 per share, indicating a 15.1% decline from the previous year [2]. Financial Performance - The Zacks Consensus Estimate for DOV's revenues is $1.98 billion, indicating a 6.2$2.08 per share, which indicates a year-over-year decline of 15.1% [2]. - Dover has an average earnings surprise of 4% over the trailing four quarters, having beaten the Zacks Consensus Estimates each time [3]. Earnings Prediction - Dover has an Earnings ESP of +0.10% and currently holds a Zacks Rank of 3 (Hold) [4]. - The model predicts an earnings beat for Dover, supported by a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [3]. Segment Performance - Engineered Products Segment: Expected revenues of $310 million, a decline of 5.5$473 million, reflecting a 5.3% increase year-over-year, driven by strong demand in North America [9]. - Imaging & Identification Segment: Anticipated revenues of $292 million, indicating a 2$488.3 million, with an adjusted EBITDA of $148.3 million, implying 11$395.6 million, a 0.7% decline from the year-earlier figure, with adjusted EBITDA estimated at $74 million [15]. Market Performance - Dover's shares have gained 32.8% over the past year, outperforming the industry growth of 15.2% [16].