Dover Corp Q4 Profit Falls 24%

(RTTNews) - Dover Corp (DOV) announced earnings for fourth quarter that declined from last year.

The company said its profit fell to $127.19 million, or $0.81 per share. This was down from $167.98 million, or $1.01 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 14.6% to $1.69 billion. This was down from $1.98 billion last year.

Dover Corp earnings at a glance:

-Earnings (Q4): $127.19 Mln. vs. $167.98 Mln. last year. -Earnings Decline (Y-o-Y): -24.3% -EPS (Q4): $0.81 vs. $1.01 last year. -EPS Decline (Y-o-Y): -19.8% -Revenue (Q4): $1.69 Bln vs. $1.98 Bln last year. -Revenue Change (Y-o-Y): -14.6%