Investing.com - Dover reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dover announced earnings per share of $2.06 on revenue of $2.03B. Analysts polled by Investing.com anticipated EPS of $1.82 on revenue of $1.89B.
Dover shares are up 20% from the beginning of the year and are trading at $151.97 , down-from-52-week-high.They are outperforming the S&P 500 which is up 13.38% 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, July 13, 2021, who reported EPS of $0.42 on revenue of $1.51B, compared to forecasts EPS of $0.4115 on revenue of $1.51B.
AB SKF had beat expectations on Tuesday with second quarter EPS of $0.588 on revenue of $2.39B, compared to forecast for EPS of $0.478 on revenue of $2.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar