Dorman Products Inc expected to post earnings of $1.07 a share - Earnings Preview

Dorman Products

28/07/2023 15:00

* Dorman Products Inc  DORM.OQ   DORM.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 1. 
    * The Colmar Pennsylvania Pennsylvania-based  company is
expected
to report  a 19.8% increase in revenue to $500.091 million from
$417.42 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Dorman Products Inc
is
for earnings of $1.07 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Dorman
Products
Inc is $104​, above​ its last closing price of $83.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.98        0.94       0.56      Missed  -40.5
 Dec. 31 2023  1.08        1.05       1.01      Missed  -3.7
 Sep. 30 2022  1.21        1.21       1.17      Missed  -3.3​
 Jun. 30 2022  1.30        1.31       1.29      Missed  -1.3
 ​​Mar.        1.23        1.21       1.29      Beat    6.3
 31 2022                                                
 Dec. 31 2021  1.36        1.35       1.33      Missed  -1.6​
 Sep. 30 2021  1.24        1.22       1.18      Missed  -2.9
 Jun. 30 2021  1.10        1.04       1.10      Beat    5.7
 This summary was machine generated July 28 at 14:00 GMT.  All
figures in US dollars  unless otherwise stated