Dover Corporation (NYSE: DOV) shares jumped more than 3% after the industrial products manufacturer reported strong second-quarter results and lifted its full-year guidance.
The company posted an adjusted earnings per share (EPS) of $2.36, beating Wall Street estimates and up from $2.21 a year ago. Revenue grew 4% year-on-year to $2.18 billion, driven by healthy demand and pricing strategies.
Dover’s EBITDA margins improved by 190 basis points to 23.8%, supported by operational efficiencies and cost control measures.
Full-Year Guidance Raised
Management increased its 2025 EPS forecast to $9.05–9.20 (up from $9.00–9.15) and expects 3–4% revenue growth for the year, citing a strong order pipeline and favorable demand trends.
Key Highlights of Q2 2025:
-
Bookings: +15% YoY, indicating strong future demand.
-
Margins: Solid expansion due to pricing power and productivity gains.
-
Market Confidence: This is Dover’s fourth consecutive earnings beat.
Analyst Outlook
Analysts are optimistic about the near-term growth trajectory but remain watchful of margin pressures and macroeconomic headwinds heading into 2026.