Brief: Dorman Products Reports Q4 Adjusted Earnings Per Share Of $0.52

Dorman Products

24/02/2020 12:21

Feb 24 (Reuters) - Dorman Products Inc  DORM.O :
    * DORMAN PRODUCTS, INC. REPORTS FOURTH QUARTER AND FISCAL
2019
RESULTS, ISSUES FISCAL 2020 GUIDANCE
    * SEES FY 2020 GAAP EARNINGS PER SHARE $3.25 TO $3.45
    * Q4 ADJUSTED EARNINGS PER SHARE $0.52
    * Q4 GAAP EARNINGS PER SHARE $0.54
    * Q4 SALES $239.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$265.9
MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.70 -- REFINITIV IBES
DATA
    * SEES FY 2020 ADJUSTED EARNINGS PER SHARE $3.35 TO $3.55
    * SEES FY 2020 SALES UP 5 TO 8 PERCENT
    * DORMAN PRODUCTS - FY2020 GUIDANCE EXCLUDES ANY POTENTIAL
IMPACT
FROM SUPPLY CHAIN DISRUPTIONS CAUSED BY CORONAVIRUS OUTBREAK
    * IN Q1 2020 WE EXPECT TO FACE "DIFFICULT COMPARISONS" TO
PRIOR
YEAR PERIOD RESULTS
    * EXPECT FINANCIAL RESULTS TO IMPROVE THROUGHOUT 2020

Source text for Eikon:  ID:nGNX4C8jL7 
Further company coverage:  DORM.O 

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