Investing.com - Dover reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Dover announced earnings per share of $2.26 on revenue of $2.16. Analysts polled by Investing.com anticipated EPS of $2.20 on revenue of $2.17B.
Dover shares are down 23% from the beginning of the year and are trading at $121.36 , down-from-52-week-high.
Dover follows other major Industrials sector earnings this month
Dover's report follows an earnings missed by Lockheed Martin on July 19, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
ABB ADR had missed expectations on Thursday with third quarter EPS of $0.19 on revenue of $7.41B, compared to forecast for EPS of $0.38 on revenue of $7.39B.
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