- Dover’s first quarter revenue reached $1.87 billion, closely aligning with the estimated $1.88 billion, marking an 11% year-over-year decrease.
- Engineered Products revenue dropped significantly by 53% to $254.6 million, below the estimate of $283.4 million.
- Clean Energy & Fueling Solutions showed a 10% year-over-year increase in revenue, totaling $491.1 million, slightly exceeding the expectation of $490.5 million.
- Imaging & Identification achieved a 1.2% increase in revenue to $280.1 million, surpassing the estimate of $278.3 million.
- Pumps & Process Solutions revenue increased by 6% to $493.6 million, above the estimated $471.1 million.
- Revenue from Climate & Sustainability Technologies fell by 4.5% to $347.9 million, missing the expected $356.4 million.
- The company’s adjusted free cash flow was $109.3 million, reflecting an 11% decline year-over-year.
- Organic revenue growth was a modest 0.5%, below the anticipated 1.61%.
- Engineered Products recorded an adjusted EBIT of $44.1 million, a 58% decrease year-over-year.
- Clean Energy & Fueling reported a 23% increase in adjusted EBIT to $85.6 million, slightly under the estimated $86.5 million.
- Imaging & Identification achieved an 11% increase in adjusted EBIT to $77.6 million, outpacing the $72.1 million estimation.
- Pumps & Process Solutions saw adjusted EBIT grow by 27% to $151.3 million, exceeding the estimated $129.7 million.
- Climate & Sustainability Technologies’ adjusted EBIT was $52.1 million, up 2.7% year-over-year, surpassing the estimate of $48.8 million.
- Dover anticipates 2025 GAAP EPS in the range of $8.04 to $8.24, with adjusted EPS from continuing operations projected between $9.20 and $9.40.
- The company expects full-year revenue growth of 2% to 4%, both overall and organically.
- Dover highlights its strong margin performance and effective cost management as key factors in adapting to uncertain economic conditions.
- Analysts’ ratings for Dover include 12 buys and 8 holds, with no sell recommendations.
A look at Dover Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Dover Corp has a positive long-term outlook. With high scores in Growth, Resilience, and Momentum, the company is positioned well for future success. The Growth score of 4 indicates strong potential for expansion and development, while the Resilience and Momentum scores of 4 suggest stability and positive market performance. Although the Dividend score is lower at 2, the overall outlook remains promising for Dover Corp.
Dover Corporation, known for manufacturing industrial products and equipment, has a diverse product portfolio that serves customers globally. The company specializes in printing, identification, and refrigeration systems, among other industrial equipment. With solid scores in key factors like Growth, Resilience, and Momentum, Dover Corp appears to be on a solid trajectory for long-term success in the industrial manufacturing sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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