Overview

• Dover Q3 2025 revenue grows 5% yr/yr but misses analyst expectations

• Adjusted EPS for Q3 2025 rises 15% from prior year

• Company raises full-year adjusted EPS guidance to $9.50-$9.60 on healthy underlying demand

Outlook

• Dover raises full-year adjusted EPS guidance to $9.50-$9.60

• Company expects full-year GAAP EPS of $8.06-$8.16

• Dover forecasts full-year revenue growth of 4% to 6%

Result Drivers

• SHIPMENT GROWTH - Broad-based shipment growth in short cycle components drove top line performance

• MARGIN PERFORMANCE - Record consolidated segment margin achieved through positive mix impact, solid execution, and cost containment

• CAPITAL DEPLOYMENT - Strategic investments in high-ROI projects and operational efficiencies expected from manufacturing relocation

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

• Wall Street's median 12-month price target for Dover Corp is $216.00, about 19.9% above its October 21 closing price of $173.04

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPn91N22ha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)