Dover (NYSE:DOV) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $5.75-5.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.81. Dover also updated its FY 2019 guidance to $5.75-5.85 EPS.
Shares of NYSE:DOV opened at $98.12 on Friday. The company has a current ratio of 1.30, a quick ratio of 0.87 and a debt-to-equity ratio of 1.04. The company’s fifty day moving average is $97.73. Dover has a 1-year low of $65.83 and a 1-year high of $103.47. The company has a market cap of $14.26 billion, a PE ratio of 17.55, a PEG ratio of 1.47 and a beta of 1.49.
Dover (NYSE:DOV) last issued its quarterly earnings data on Thursday, July 18th. The industrial products company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.01. Dover had a return on equity of 29.67% and a net margin of 8.50%. The business had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period last year, the business earned $1.30 EPS. The business’s revenue was up 4.6% on a year-over-year basis. Equities research analysts forecast that Dover will post 5.82 earnings per share for the current year.
Dover Corporation provides equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services worldwide. The company operates through three segments: Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Engineered Systems segment offers precision marking and coding, digital textile printing, soldering and dispensing equipment, and related consumables and services; and automation components, including manual and power clamps, rotary and linear mechanical indexers, conveyors, pick and place units, glove ports, and manipulators, as well as end-of-arm robotic grippers, slides, and end effectors for fast-moving consumer goods, digital textile printing, vehicle service, environmental solutions, and industrials end markets.
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