Dorman Products Expects 2024 Net Sales Growth Of 3% To 5%, Adjusted EPS Of $5.40-$5.70, Est $5.21
Portfolio Pulse from Benzinga Newsdesk
Dorman Products projects a net sales growth of 3% to 5% for 2024, with an adjusted EPS forecast of $5.40-$5.70, surpassing the estimated $5.21.

February 26, 2024 | 9:39 pm
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Dorman Products expects a net sales growth of 3% to 5% for 2024 and an adjusted EPS of $5.40-$5.70, exceeding the estimated $5.21.
Dorman Products' projection of net sales growth and an adjusted EPS that exceeds market estimates for 2024 indicates a strong financial outlook. This positive guidance is likely to instill investor confidence, potentially leading to a short-term increase in stock price. The surpassing of estimated EPS particularly highlights operational efficiency and profitability, key factors that investors look for.
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