Oct. 23 at 5:58 PM
$DOV beats EPS estimates but misses on revenue — what’s the real story? 🤔
Dover posted Q3 adjusted EPS of
$2.62, surpassing the Zacks Consensus Estimate of
$2.50, yet revenue fell short at
$2.08B versus the expected
$2.09B. Despite this, the company's gross margin improved to 40.1% from 38.5% YoY, showcasing operational efficiency.
Full breakdown here 👉 https://www.zacks.com/stock/news/2775746/dover-surpasses-earnings-estimates-in-q3-raises-25-outlook?cid=sm-stocktwits-2-2775746-body-17398&ADID=SYND_STOCKTWITS_TWEET_2_2775746_BODY_17398