PR Newswire
DOWNERS GROVE, Ill., Oct. 24, 2024 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the third quarter ended September 30, 2024. All comparisons are to the comparable period of the prior fiscal year, unless otherwise noted.
Three Months Ended September 30,
Nine Months Ended September 30,
($ in millions, except per share data)
2024
2023
% Change*
2024
2023
% Change*
U.S. GAAP
Revenue
$ 1,984
$ 1,958
1 %
$ 5,816
$ 5,780
1 %
Earnings from continuing operations
313
262
19 %
1,162
686
69 %
Diluted EPS from continuing operations
2.26
1.86
22 %
8.37
4.88
72 %
Non-GAAP
Organic revenue change
— %
— %
Adjusted earnings from continuing operations 1
314
301
4 %
846
812
4 %
Adjusted diluted EPS from continuing operations
2.27
2.14
6 %
6.09
5.78
5 %
1 Q3 and year-to-date 2024 and 2023 adjusted earnings from continuing operations exclude after tax purchase accounting expenses and restructuring and other costs. Q3 and year-to-date 2024 also exclude an after-tax gain on disposition of a minority owned equity method investment, and year-to-date 2024 excludes the after-tax gain and post-closing adjustments on the disposition of De-Sta-Co.
* Change may be impacted by rounding.
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