Dover Q4 2020 Earnings Report
Key Takeaways
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.
Revenue increased slightly compared to the fourth quarter of the prior year.
GAAP net earnings increased 8%, and GAAP diluted EPS increased 9%.
Adjusted net earnings declined slightly, and adjusted diluted EPS increased 1%.
The company expects to generate GAAP EPS in the range of $5.42 to $5.62 in 2021.
Dover
Dover
Dover Revenue by Segment
Forward Guidance
Dover expects to generate GAAP EPS in the range of $5.42 to $5.62 (adjusted EPS of $6.25 to $6.45), based on full year revenue growth of 8% to 10% (5% to 6% on an organic basis).
Revenue & Expenses
Visualization of income flow from segment revenue to net income