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Provider: Thomson Reuters Stock Report
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Provider: Jefferson Research

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Dover Corp Lowers FY 2012 Guidance

Wednesday, 17 Oct 2012 07:01am EDT 

Dover Corp announced that it now expect fiscal 2012 revenue growth of approximately 7%, comprised of organic growth of 3% (inclusive of a 2% unfavorable impact from foreign exchange), plus growth from completed acquisitions of 4%. Based on this revenue assumption, the Company expects diluted EPS from continuing operations to be in the range of $4.55-$4.65. The Company reported revenue of $8.0 billion in fiscal 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $8.6 billion and EPS of $4.69 for fiscal 2012. 

Company Quote

0.29 +0.33%
4:01pm EDT