Dover Reports First Quarter 2021 Results; Raises 2021 Annual Guidance
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Dover Corp. (DOV) Tops Q1 EPS by 36c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus
April 20, 2021 6:32 AM EDTDover Corp. (NYSE: DOV) reported Q1 EPS of $1.81, $0.36 better than the analyst estimate of $1.45. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.73 billion.
MANAGEMENT COMMENTARY:
Dover's President and Chief Executive Officer, Richard J. Tobin, said, "Overall, we are off to an encouraging start with first quarter results that exceeded our forecasts. Our businesses capitalized on the improving demand conditions in their markets and delivered strong volume growth despite some notable supply chain disruptions during the... More
