Dover reports Q2 EPS $2.05, consensus $2.20

Reports Q2 revenue $2.1B, consensus $2.2B. Dover’s president and CEO, Richard Tobin, said, “The second quarter results met our expectations. Since the start of the year, we expected 2023 performance to be weighted to the second half due to post-pandemic destocking across the industrial economy and the gradual recovery in several of our end markets.”