More on Dover (DOV -1.1%) Q2: net profit -14% to $214.1M, due to higher costs and reflecting a...

|About: Dover Corp (DOV)|By:, SA News Editor

More on Dover (DOV -1.1%) Q2: net profit -14% to $214.1M, due to higher costs and reflecting a tax benefit last year. Cuts FY revenue growth outlook to 8%-10% from 10%-12% prior. Dover last week lowered its FY EPS outlook, citing the weak EU economy, forex effects, and higher taxes. However, Dover did forecast a stronger H2.