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Stock impact report

Dover Reports Third 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., Oct. 18, 2018 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the third quarter ended September 30, 2018.Third Quarter 2018 Financial Results:For the third quarter ended September 30, 2018, Dover's revenue was $1.7 billion, driven by organic growth of 3%. Net earnings for the third quarter ended September 30, 2018, were $157.3 million, compared to net earnings of $178.9 million in the prior year period. The third quarter 2017 results include earnings from discontinued operations of $19.5 million attributable to Apergy, which the company spun off in the second quarter of 2018.Earnings from continuing operations were $157.3 million, a decrease of 1% as compared to $159.5 million for the prior year period, largely driven by forecasted rightsizing costs incurred in the period. Diluted earnings per share from continuing operations ("EPS") on a GAAP basis for the third quarter ended September 30, 2018, were $1.05 Show less Read more
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