Investing.com - Dover reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dover announced earnings per share of $1.9 on revenue of $2.05B. Analysts polled by Investing.com anticipated EPS of $1.83 on revenue of $2.03B.
Dover shares are up 4% from the beginning of the year and are trading at $155.52 , down-from-52-week-high.They are outperforming the S&P 500 which is down 6.44% from the start of the year.
Dover follows other major Industrials sector earnings this month
Dover's report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.
CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, compared to forecast for EPS of $0.3799 on revenue of $3.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar