Dover Q3 2020 Earnings Report
Key Takeaways
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.
Revenue was $1.7 billion, a decline of 4% (-5% organic) compared to the third quarter of the prior year.
GAAP net earnings of $200 million decreased 3%, and GAAP diluted EPS of $1.38 was down 1%.
Adjusted net earnings of $232 million declined 1%, and adjusted diluted EPS of $1.60 was flat versus the comparable quarter of the prior year.
Full year 2020 GAAP EPS guidance was raised to $4.52 to $4.57 ($5.40 to $5.45 on an adjusted basis).
Dover
Dover
Dover Revenue by Segment
Forward Guidance
Full year 2020 GAAP EPS guidance was raised to $4.52 to $4.57 ($5.40 to $5.45 on an adjusted basis).
Revenue & Expenses
Visualization of income flow from segment revenue to net income