Dover Corp Q2 Earnings Rise 39%

(RTTNews) - Dover Corp (DOV) released a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line rose to $164.06 million, or $1.04 per share. This was up from $118.29 million, or $0.76 per share, in last year's second quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.8% to $1.99 billion. This was up from $1.69 billion last year.

Dover Corp earnings at a glance:

-Earnings (Q2): $164.06 Mln. vs. $118.29 Mln. last year. -Earnings Growth (Y-o-Y): 38.7% -EPS (Q2): $1.04 vs. $0.76 last year. -EPS Growth (Y-o-Y): 36.8% -Analysts Estimate: $1.01 -Revenue (Q2): $1.99 Bln vs. $1.69 Bln last year. -Revenue Change (Y-o-Y): 17.8%

-Guidance: Full year EPS guidance: $4.23 - $4.33