Dover Corporation Announces Fourth Quarter and Full Year 2023 Financial Results and 2024 Guidance

Details

The company generated $8.4 billion in revenue for 2023, with adjusted net earnings of $1.2 billion and adjusted diluted EPS of $8.80. Dover provided 2024 guidance with GAAP EPS expected between $7.90 and $8.10 and adjusted EPS between $8.95 and $9.15, based on revenue growth of 2% to 4%.

Items reported

Exhibits (1)

About Dover Corporation

Dover Corporation is a diversified global manufacturer that designs and produces a broad range of innovative equipment, components, and specialty systems. The company operates in segments such as Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions, and Refrigeration & Food Equipment. Dover’s products serve critical and high-performance applications across industries including aerospace, healthcare, automobile, food and beverage, and energy. Founded in 1955 and headquartered in Downers Grove, Illinois, the company is recognized for its commitment to technological advancement and operational excellence. Dover's strategic focus on sustainability and customer-centric innovation positions it as a key player in the industrial marketplace, leveraging its diversified portfolio to meet the evolving demands of global commerce.