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Stock impact report

Dover Reports Second Quarter 2018 Results

Dover Corporation (DOV) 
Last dover corporation earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: PR Newswire
DOWNERS GROVE, Ill., July 19, 2018 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the second quarter ended June 30, 2018.Second Quarter 2018 Financial Results:For the second quarter ended June 30, 2018, Dover's revenue was $1.8 billion, an increase of 3% from the prior year. The increase in the quarter was driven by organic growth of 3% and a favorable impact from foreign exchange ("FX") of 2%, partially offset by a net 2% impact from previous acquisitions and dispositions. Earnings from continuing operations were $166.5 million, an increase of 17% as compared to $142.5 million for the prior year period. Diluted earnings per share from continuing operations ("EPS") on a GAAP basis for the second quarter ended June 30, 2018, were $1.08, compared to $0.90 EPS in the prior year period, representing an increase of 20%.For the second quarter ended June 30, 2018, EPS from continuing operations included acquisition-related amortizati Show less Read more
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