Reported 3 days ago
Dover Corporation, an industrial conglomerate valued at $22.8 billion, is set to announce its third-quarter earnings before the market opens on October 23. Analysts predict a profit increase to $2.51 per share, marking a 10.6% rise from last year. Despite a 12.1% decline in stock prices over the past year, Dover recently reported revenue growth and exceeded EPS expectations, although faced challenges with margin contraction. Consensus among analysts remains optimistic, with a 'Moderate Buy' rating and a price target suggesting a 29% increase from current levels.
Source: YAHOO