Reported about 9 hours ago
Dover has increased its 2025 adjusted profit outlook to between $9.50 and $9.60 per share, owing to strong demand for its industrial equipment, particularly linked to artificial intelligence infrastructure. The company's shares rose 2.5% in premarket trading following this announcement. Dover's recent performance showed a 15% increase in adjusted profit for the third quarter, reaching $2.62 per share, exceeding analysts' expectations.
Source: YAHOO