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

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $2.07 $2.11

Revenue bln bln (15

Analysts

)

Q3 Adj $2.62

EPS from

cont ops

Q3 EPS $2.20

from

cont ops

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 ( DOV ) 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:

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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.)