Earnings Preview For Dover

Dover (NYSE:DOV) is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Dover will report an earnings per share (EPS) of $2.43.

Investors in Dover are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.15, leading to a 0.59% drop in the share price the following trading session.

Here's a look at Dover's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.21

1.87

2.43

2.33

EPS Actual

2.36

1.95

2.45

2.35

Price Change %

-1.0%

1.0%

1.0%

-2.0%

Market Performance of Dover's Stock

Shares of Dover were trading at $191.4 as of October 22. Over the last 52-week period, shares are up 46.84%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about Dover

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Dover.

Dover has received a total of 7 ratings ...