Investing.com - Dover reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dover announced earnings per share of $1.6 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $1.64B.
Dover shares are down 2% from the beginning of the year and are trading at $112.77 , down-from-52-week-high.They are under-performing the S&P 500 which is up 6.07% from the start of the year.
Dover follows other major Basic Materials sector earnings this month
Dover's report follows an earnings beat by PPG Industries on Monday, who reported EPS of $1.93 on revenue of $3.69B, compared to forecasts EPS of $1.76 on revenue of $3.64B.
Crown had beat expectations on Monday with third quarter EPS of $1.96 on revenue of $3.17B, compared to forecast for EPS of $1.58 on revenue of $3.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar