Dover DOV announces its next round of earnings this Thursday. Here's Benzinga's advanced look at Dover's Q2 earnings report.
Earnings and Revenue
Wall Street analysts see Dover reporting earnings of $1.21 per share on revenue of $1.81 billion.
In the same quarter last year, Dover posted EPS of $1.04 on sales of $1.99 billion. Sales would be down 9.18 percent on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 1.13 | 1.04 | 1.14 | 0.99 |
| EPS Actual | 1.16 | 1.13 | 1.16 | 1.04 |
Stock Performance
Over the last 52-week period, shares are down 11.61 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Dover stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Dover's Q2 conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/8vd3pcg9
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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