Dorman Products Inc expected to post earnings of $1.41 a share - Earnings Preview

Dorman Products

24/02/2024 01:16

* Dorman Products Inc  DORM.OQ   DORM.O  is expected to show
a
fall in quarterly revenue when it reports  results on February
26 for the period ending December 31 2023
    * The Colmar Pennsylvania Pennsylvania-based  company is
expected
to report a 0.9% decrease in revenue to $496.718 million from
$501.28 million a year ago, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Dorman Products Inc is
for
earnings of $1.41 per share. The company's EPS guidance on
October 31 2023, for the period ended December 31, was between
$1.58 and $1.81 
    * 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 $87.50​, above​ its last closing price of $82.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.58        1.59       1.40      Missed  -11.8
 Jun. 30 2023  1.06        1.07       1.01      Missed  -5.4
 Mar. 31 2023  0.98        0.94       0.56      Missed  -40.5​
 Dec. 31 2022  1.08        1.05       1.01      Missed  -3.7
 ​​Sep.        1.21        1.21       1.17      Missed  -3.3
 30 2022                                                
 Jun. 30 2022  1.30        1.31       1.29      Missed  -1.3​
 Mar. 31 2022  1.23        1.21       1.29      Beat    6.3
 Dec. 31 2021  1.36        1.35       1.33      Missed  -1.6
 This summary was machine generated February 24 at 01:16 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)