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Dover lifts 2025 profit outlook on AI infrastructure demand
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Dover lifts 2025 profit outlook on AI infrastructure demand
Oct 23, 2025 6:23 AM

Oct 23 (Reuters) - Industrial equipment maker Dover

raised its full-year adjusted profit forecast on

Thursday, betting on resilient demand for its industrial

equipment despite tariff uncertainty, sending its shares up 2.5%

in premarket trading.

The Illinois-based company now expects adjusted earnings of

$9.50 to $9.60 per share for 2025, up from a prior range of

$9.35 to $9.55.

Dover, which supplies equipment and components to industries

including aerospace and defense, has benefited from rising

investment in artificial intelligence infrastructure.

The company provides liquid cooling products for

high-performance computing and data centers.

Profit at its Pumps & Process Solutions unit, which makes

thermal connectors for data center liquid cooling systems, rose

to $168.6 million in the quarter from $138.3 million a year

earlier.

For the third quarter, Dover's adjusted profit increased 15%

to $2.62 per share, beating analysts' average estimate of $2.51

per share, according to data from LSEG.

Quarterly revenue rose 5% to $2.08 billion, narrowly missing

estimates of $2.11 billion.

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