Dover Q4 revenue rises 9%, slightly beats estimates

Dover

29/01/2026 12:02

Overview

Diversified manufacturer's Q4 revenue rose 9%, slightly beating analyst expectations

Adjusted EPS from continuing operations increased 14% yr/yr

Company initiated accelerated share repurchase in November

Outlook

Dover expects 2026 GAAP EPS between $8.95 and $9.15

Company forecasts 2026 adjusted EPS of $10.45 to $10.65

Dover anticipates 2026 revenue growth of 5% to 7%

Result Drivers

STRONG REVENUE GROWTH - Dover's Q4 revenue growth was driven by robust trends in secular-growth-exposed markets and improvements in retail fueling and refrigerated door cases

MARGIN IMPROVEMENTS - Margins improved due to volume leverage and productivity initiatives, with restructuring benefits expected to support future margins

CAPITAL ALLOCATION - Acquisitions and share repurchases supported operational results, with acquisitions performing above expectations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$2.10 bln
$2.08 bln (15 Analysts)
Q4 Adj EPS from cont ops
$2.51
Q4 EPS from cont ops
$2.01


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "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 $222.50, about 8% above its January 28 closing price of $206.00

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nPnwXMsYa

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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.)