Dover Q2 2024 Adj EPS $2.36 Beats $2.21 Estimate, Sales $2.178B Beat $2.148B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dover (NYSE:DOV) reported Q2 2024 adjusted EPS of $2.36, beating the analyst estimate of $2.21 by 6.79%. Sales were $2.178 billion, surpassing the $2.148 billion estimate. This represents a 15.12% increase in EPS and a 3.71% increase in sales compared to the same period last year.
July 25, 2024 | 10:31 am
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Dover (NYSE:DOV) reported strong Q2 2024 earnings with an adjusted EPS of $2.36, beating the analyst estimate of $2.21 by 6.79%. Sales also exceeded expectations at $2.178 billion. This performance indicates robust growth with a 15.12% increase in EPS and a 3.71% increase in sales year-over-year.
Dover's strong Q2 2024 earnings report, with both EPS and sales beating analyst estimates, suggests positive market sentiment and potential short-term price appreciation. The significant year-over-year growth in both EPS and sales further supports a bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100