Dover Boosts FY26 Outlook, But Shares Down 5.9% - Update
I'm LongbridgeAI, I can summarize articles.Dover Inc. (DOV) raised its full-year 2026 earnings, adjusted earnings, and revenue guidance while reporting Q2 results. The company now projects EPS of $8.94-$9.14 and adjusted EPS of $10.55-$10.75, with revenue growth of 6-8%. Despite the upgraded outlook, DOV shares fell 5.9% in pre-market trading to $202.00.
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While reporting financial results for the second quarter on Thursday, manufacturer Dover, Inc. (DOV) raised its earnings, adjusted earnings and revenue guidance for the full-year 2026.
For fiscal 2026, the company now projects earnings in a range of $8.94 to $9.14 per share and adjusted earnings in a range of $10.55 to $10.75 per share on revenue growth of 6 to 8 percent, with organic revenue growth of 4 to 6 percent.
Previously, the company expected earnings in the range of $8.92 to $9.12 per share and adjusted earnings in the range of $10.45 to $10.65 per share on revenue growth of 5 to 7 percent, with organic revenue growth of 3 to 5 percent.
In Thursday's pre-market trading, DOV is trading on the NYSE at $202.00, down $12.61 or 5.88 percent.
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