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Dover Q2 Adjusted Earnings, Revenue Rise; 2024 Guidance Updated
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Dover Q2 Adjusted Earnings, Revenue Rise; 2024 Guidance Updated
Jul 25, 2024 4:36 AM

07:12 AM EDT, 07/25/2024 (MT Newswires) -- Dover (DOV) reported Q2 adjusted earnings Thursday of $2.36 per diluted share, up from $2.05 a year earlier.

Analysts polled by Capital IQ expected $2.21.

Revenue for the quarter ended June 30 was $2.18 billion, up from $2.10 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.15 billion.

Including the Environmental Solutions Group business unit, the company said it now expects full year 2024 adjusted EPS of $9.05 to $9.20 on revenue growth of 3% to 4%, compared with its previous outlook of $9.00 to $9.15 adjusted EPS and 2% to 4% revenue growth. Analysts surveyed by Capital IQ expect $9.10 normalized EPS on revenue of $8.63 billion.

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