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Dover reports Q3 adjusted EPS $2.62, consensus $2.51

Reports Q3 revenue $2.08B, consensus $2.11B. Dover’s (DOV) president and CEO, Richard Tobin, said, “We are pleased with Dover’s third quarter results. Top line performance in the quarter was driven by broad-based shipment growth in short cycle components, continued strength across our secular-growth end markets, and outperformance from recently-closed acquisitions. These gains more than offset near-term headwinds in two capital goods-exposed end markets, vehicle aftermarket and refrigerated door cases, each of which we expect to improve through the balance of the year.”

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