Dover Earnings Reports

Dover reported a 1% increase in revenue to $1.9 billion for Q4 2024. GAAP earnings from continuing operations decreased by 8% to $238 million, with diluted EPS down 7% to $1.72. However, adjusted earnings from continuing operations remained flat at $305 million, and adjusted diluted EPS increased by 1% to $2.20.

Dover reported a 1% increase in revenue to $2.0 billion for Q3 2024. GAAP earnings from continuing operations increased by 19% to $313 million, with GAAP diluted EPS up 22% to $2.26. Adjusted earnings from continuing operations increased by 4% to $314 million, and adjusted diluted EPS increased by 6% to $2.27.

Dover reported a 4% increase in revenue to $2.2 billion, with organic revenue up 5%. GAAP net earnings increased by 16% to $282 million, and GAAP diluted EPS rose by 19% to $2.04. Adjusted net earnings increased by 14% to $327 million, and adjusted diluted EPS increased by 15% to $2.36.

Dover reported a 1% increase in revenue to $2.1 billion for Q1 2024. GAAP net earnings increased by 177% to $632 million, with GAAP diluted EPS also up by 177% to $4.52. Adjusted diluted EPS increased 1% to $1.95. The company completed two bolt-on acquisitions in the Clean Energy and Fueling segment and launched a $500 million accelerated share repurchase program.

Dover reported Q4 2023 revenue of $2.1 billion, a decrease of 2% (organic decrease of 3%). GAAP net earnings increased by 12% to $296 million, with GAAP diluted EPS up 13% to $2.11. Adjusted net earnings increased by 13% to $345 million, and adjusted diluted EPS also increased by 13% to $2.45. The company is strategically positioned with a strong balance sheet and ample capacity for future acquisitions and capital returns.

Dover reported Q3 2023 revenue of $2.2 billion, in line with the prior year. GAAP net earnings increased 1% to $290 million, with GAAP diluted EPS up 3% to $2.06. Adjusted net earnings rose 2% to $331 million, and adjusted diluted EPS increased 4% to $2.35.

Dover reported Q2 2023 revenue of $2.1 billion, a decrease of 3% (-3% organic). GAAP net earnings of $242 million decreased 16%, and GAAP diluted EPS of $1.72 was down 14%. On an adjusted basis, net earnings of $288 million decreased 7% and adjusted diluted EPS of $2.05 was down 4%.

Dover reported a 1% increase in revenue to $2.1 billion for Q1 2023, with organic revenue up by 3%. GAAP diluted EPS increased by 4% to $1.63, while adjusted diluted EPS rose by 2% to $1.94. The company maintains its full-year adjusted EPS guidance.

Dover reported an 8% increase in revenue for Q4 2022, reaching $2.1 billion, with organic revenue up by 9%. GAAP net earnings decreased by 27% to $264 million, while adjusted net earnings increased by 18% to $305 million. The company's adjusted diluted EPS rose by 21% to $2.16. Dover expects to generate GAAP EPS in the range of $7.87 to $8.07 (adjusted EPS of $8.85 to $9.05) in 2023.

Dover reported strong third-quarter results with revenue of $2.2 billion, a 7% increase (+9% organic). GAAP net earnings increased by 8% to $286 million, and GAAP diluted EPS rose by 10% to $2.00. Adjusted net earnings increased by 12% to $324 million, and adjusted diluted EPS increased by 14% to $2.26.

Dover reported Q2 2022 results with revenue of $2.2 billion, a 6% increase (+7% organic). GAAP net earnings increased by 9% to $290 million, and GAAP diluted EPS rose by 10% to $2.00. Adjusted net earnings increased by 3% to $309 million, and adjusted diluted EPS increased by 4% to $2.14.

Dover's Q1 2022 results were in line with expectations, with revenue growing across a majority of businesses. Revenue grew 10% to $2.1 billion, and adjusted diluted EPS increased 5% to $1.90.

Dover reported strong Q4 and full year 2021 results, with organic revenue growth of 11% and 15% respectively. GAAP net earnings increased by 99% and GAAP diluted EPS increased by 99%. The company delivered a robust increase in profitability and earnings per share.

Dover reported a 15% increase in revenue to $2.0 billion in Q3 2021, with organic revenue growth of 13%. GAAP net earnings increased by 32% to $264 million, and GAAP diluted EPS rose by 31% to $1.81. The company raised its full year EPS guidance to $6.64 to $6.69 ($7.45 to $7.50 on an adjusted basis).

Dover reported a strong second quarter in 2021, with revenue increasing by 36% and organic revenue growing by 30%. GAAP net earnings and EPS both increased by 112%. The company raised its full year revenue and EPS guidance, reflecting confidence in its top-line trajectory and operational execution.

Dover reported a strong start to 2021 with first-quarter revenue of $1.9 billion, a 13% increase (+9% organic) compared to the prior year. GAAP net earnings increased 32% to $233 million, and GAAP diluted EPS increased 33% to $1.61. The company raised its full-year revenue and EPS guidance due to strong end market demand, bookings, and a robust backlog.

Dover reported a slight increase in revenue for Q4 2020, with GAAP net earnings up 8% and GAAP diluted EPS up 9%. Adjusted net earnings declined slightly, but adjusted diluted EPS increased by 1%. The company anticipates robust top-line growth, margin expansion, and EPS accretion in 2021.

Dover reported Q3 2020 results with revenue of $1.7 billion, a 4% decline year-over-year. GAAP net earnings decreased by 3% to $200 million, and adjusted diluted EPS was flat at $1.60.

Dover reported a revenue of $1.5 billion, a 17% decrease compared to the second quarter of the prior year. GAAP net earnings decreased by 37% to $125 million, with a GAAP diluted EPS of $0.86, down by 36%. Adjusted net earnings were $164 million, a 28% decline, and adjusted diluted EPS was $1.13, also down by 28%. The company re-initiated its full-year guidance, expecting GAAP EPS in the range of $4.16 to $4.41 ($5.00 to $5.25 on an adjusted basis).

Dover reported a revenue of $1.7 billion, a 4% decrease compared to the first quarter of the prior year. GAAP net earnings increased 67% to $176 million, and GAAP diluted EPS was up 68% to $1.21. On an adjusted basis, net earnings grew 11%, and adjusted diluted EPS was up 12% versus the comparable quarter of the prior year.

Dover reported Q4 2019 revenue of $1.776 billion, a slight decrease of 1.8% compared to Q4 2018. However, the company's GAAP EPS increased by 7.5% to $1.15, and adjusted EPS rose by 7.7% to $1.54. The company's performance reflects strong operational execution and disciplined capital allocation.