Dover Corp. (DOV) Tops Q1 EPS by 17c, Suspends Guidance

Dover Corp. (NYSE: DOV) reported Q1 EPS of $1.39, $0.17 better than the analyst estimate of $1.22. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.68 billion.

• 2020 GUIDANCE UPDATE:

  Due to the COVID-19 pandemic and the resulting negative impact to the global demand environment we are unable to forecast with certainty the effect on Dover's financial and operational results, which could be material, and as such, Dover's previously communicated guidance for full year 2020 revenue growth and adjusted EPS has been suspended. Our objective is to reinstate guidance for the remainder of the year with our Q2 2020 earnings announcement.

For earnings history and earnings-related data on Dover Corp. (DOV) click here.

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