Dorman Products Inc reports results for the quarter ended in June - Earnings Summary

Dorman Products

01/08/2023 14:32

* Dorman Products Inc  DORM.OQ  reported quarterly adjusted
earnings of $1.01​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was
for earnings of $1.07 per share.
    * Revenue rose 15.1% to $480.57 million from a year ago;
analysts
expected $500.09 million. 
    * Dorman Products Inc's reported EPS for the quarter was
$1.04​.
    * The mean earnings estimate of analysts had fallen by
about 19.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Dorman Products Inc shares had risen by 7.4% this
quarter and
gained 4.7% so far this year.
    * The company reported quarterly net income of $32.77
million.
    * Wall Street's median 12-month price target for Dorman
Products
Inc is $104.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.07           1.01           Missed
 Mar. 31 2023      0.94           0.56           Missed
 Dec. 31 2022      1.05           1.01           Missed
 Sep. 30 2022      1.21           1.17           Missed