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Dec 31, 2021
Dover Q4 2021 Earnings Report
Announced fourth quarter and full year 2021 results and provided full year 2022 guidance.
Key Takeaways
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.
Delivered strong results in the fourth quarter and the full year posting organic revenue growth of 11% and 15%, respectively.
Delivered a robust increase in profitability and earnings per share due to solid top line growth, improving mix of products and services, and our operational excellence and enterprise capabilities.
The operating environment became increasingly challenging as 2021 progressed, impacting portions of the portfolio with complex supply chains and labor- and material-intensive products.
Expect to convert revenue growth into earnings at a sequentially improving rate through 2022, which is reflected in our guidance.
Revenue by Segment
Forward Guidance
In 2022, Dover expects to generate GAAP EPS in the range of $7.45 to $7.65 (adjusted EPS of $8.45 to $8.65), based on full year revenue growth of 8% to 10% (7% to 9% on an organic basis).
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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