Dover reports $2.74 non-GAAP EPS, beating expectations, but $2.19B revenue misses by $20M despite 6.8% year-over-year growth.
Dover posted second-quarter non-GAAP earnings per share of $2.74, exceeding estimates by $0.02. The result reflects stronger profitability amid operational efficiencies.
Revenue reached $2.19 billion, up 6.8% from the prior year but $20 million below consensus. The miss highlights ongoing challenges in revenue growth despite volume improvements.
The company updated its 2026 outlook, projecting GAAP EPS of $8.94 to $9.14 and adjusted EPS of $10.55 to $10.75, compared to a $10.64 consensus. Full-year revenue growth is expected at 6% to 8%, with organic growth of 4% to 6%.