Dover Corp (DOV) reported earnings for its third quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $286.03 million, or $2.00 per share. This compares with $263.76 million, or $1.81 per share, in last year's third quarter.
Excluding items, Dover Corp reported adjusted earnings of $323.75 million or $2.26 per share for the period.
Analysts on average had expected the company to earn $2.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.9% to $2.16 billion from $2.02 billion last year.
Dover Corp earnings at a glance (GAAP) :
-Earnings (Q3): $286.03 Mln. vs. $263.76 Mln. last year.
-EPS (Q3): $2.00 vs. $1.81 last year.
-Analyst Estimate: $2.18
-Revenue (Q3): $2.16 Bln vs. $2.02 Bln last year.
-Guidance:
Full year EPS guidance: $8.40 to $8.50
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