Dover Q3 2024 Adj. EPS $2.27 Misses $2.29 Estimate, Sales $1.984B Miss $2.045B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dover Corporation reported Q3 2024 earnings per share of $2.27, missing the analyst estimate of $2.29. Sales were $1.984 billion, below the expected $2.045 billion. Despite missing estimates, both EPS and sales showed year-over-year growth.
October 24, 2024 | 10:33 am
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Dover's Q3 2024 earnings and sales missed analyst estimates, with EPS at $2.27 and sales at $1.984 billion. Despite the miss, both figures showed year-over-year growth.
Dover's earnings and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. However, the year-over-year growth in both EPS and sales may mitigate some of the negative sentiment.
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