Dorman Prods Q2 2024 Adj. EPS $1.67 Beats $1.19 Estimate, Sales $502.951M Beat $502.185M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dorman Products (NASDAQ:DORM) reported Q2 2024 adjusted EPS of $1.67, significantly beating the analyst estimate of $1.19. The company also reported sales of $502.951 million, slightly above the $502.185 million estimate and a 4.66% increase from the same period last year.
August 01, 2024 | 8:05 pm
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Dorman Products reported Q2 2024 adjusted EPS of $1.67, beating the analyst estimate of $1.19 by 40.34%. Sales were $502.951 million, slightly above the $502.185 million estimate and a 4.66% increase from the same period last year.
Dorman Products' significant EPS beat and slight sales beat indicate strong financial performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100