Dover Corp (DOV) announced a profit for its third quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $312.90 million, or $2.26 per share. This compares with $261.98 million, or $1.86 per share, in last year's third quarter.
Excluding items, Dover Corp reported adjusted earnings of $313.99 million or $2.27 per share for the period.
Analysts on average had expected the company to earn $2.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.3% to $1.984 billion from $1.958 billion last year.
Dover Corp earnings at a glance (GAAP) :
-Earnings (Q3): $312.90 Mln. vs. $261.98 Mln. last year.-EPS (Q3): $2.26 vs. $1.86 last year.-Revenue (Q3): $1.984 Bln vs. $1.958 Bln last year.
-Guidance:Full year EPS guidance: $8.08 - $8.18
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.