BUZZ-Dover rises to all-time high after Q4 profit beat

Reuters
01-31
BUZZ-Dover rises to all-time high after Q4 profit beat

** Shares of industrial equipment maker Dover DOV.N up as much as 8.7% to a record high of $214.57

** Co beats Q4 profit estimates on strong performance in its fueling solutions, pump system manufacturing segments

** Reports Q4 adjusted EPS of $2.20, above estimates of $2.08, while revenue rose 1% to $1.93 billion, compared with estimates of $1.95 billion - data compiled by LSEG

** Co sees annual adjusted EPS of $9.30 to $9.50 vs estimates of $9.31 per share, and forecasts revenue growth of 2% to 4% vs estimates of 5.1%

** DOV rose ~22% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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