Dover cuts FY24 adjusted EPS view to $8.08-$8.18 from $9.05-$9.20
The Fly

Dover cuts FY24 adjusted EPS view to $8.08-$8.18 from $9.05-$9.20

Consensus $8.84. Cuts FY24 revenue view to up 1%-3% from up 3%-4%. The company said, “In 2024, Dover (DOV) expects to generate GAAP EPS from continuing operations in the range of $10.11 to $10.21 (adjusted EPS from continuing operations of $8.08 to $8.18), based on full year revenue growth of 1% to 3%. Full year 2024 guidance excludes the impact of the Environmental Solutions Group business unit, which was moved to discontinued operations for reporting purposes.”

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