Investing.com - Dover reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dover announced earnings per share of $1.81 on revenue of $1.87B. Analysts polled by Investing.com anticipated EPS of $1.45 on revenue of $1.73B.
Dover shares are up 37% from the beginning of the year and are trading at $140.43 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.84% from the start of the year.
Dover follows other major Capital Goods sector earnings this month
Dover's report follows an earnings beat by Fastenal on Tuesday, April 13, 2021, who reported EPS of $0.37 on revenue of $1.42B, compared to forecasts EPS of $0.3662 on revenue of $1.42B.
RPM had beat expectations on Wednesday, April 7, 2021 with third quarter EPS of $0.38 on revenue of $1.27B, compared to forecast for EPS of $0.2887 on revenue of $1.2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar