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Valued at $22.8 billion by market cap, Dover Corporation (DOV) operates as an industrial conglomerate producing a wide range of specialized industrial products and manufacturing equipment. The Downers Grove, Illinois-based company operates through Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies segments.
The industrial sector giant is expected to announce its third-quarter results before the market opens on Thursday, Oct. 23. Ahead of the event, analysts expect Dover to deliver a profit of $2.51 per share, up 10.6% from $2.27 per share reported in the year-ago quarter. The company has a solid earnings surprise history overall. DOV has surpassed the Street’s bottom-line estimates in each of the past four quarters.