Dover rises to all-time high after Q4 profit beat

Dover

30/01/2025 17:56

** Shares of industrial equipment maker Dover  DOV.N  up as
much as 8.7% to a record high of $214.57
    ** Co beats Q4 profit estimates on strong performance in its
fueling solutions, pump system manufacturing segments
    ** Reports Q4 adjusted EPS of $2.20, above estimates of
$2.08, while revenue rose 1% to $1.93 billion, compared with
estimates of $1.95 billion - data compiled by LSEG
    ** Co sees annual adjusted EPS of $9.30 to $9.50 vs
estimates of $9.31 per share, and forecasts revenue growth of 2%
to 4% vs estimates of 5.1%
    ** DOV rose ~22% in 2024

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))