Dover completes sale of Environmental Service Group, restates historicals as discontinued ops

DOVER Corp

ESG business sold Oct 8, 2024; now classified as discontinued operations with restated financials for 2021-2024.
Discontinued ops net earnings: Q2 YTD 2024 $65.4M; FY2023 $113.0M; FY2022 $75.5M; FY2021 $58.5M.
Continuing ops diluted EPS (GAAP): Q2 YTD 2024 $6.10 vs FY2023 $6.71.
Adjusted diluted EPS from continuing ops: Q2 YTD 2024 $3.82; FY2023 $7.95.
Segment adjusted EBITDA margins ranged 15.9%-31.4% in Q2 2024.

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