COLMAR, Pa. (AP) — COLMAR, Pa. (AP) — Dorman Products Inc. (DORM) on Thursday reported third-quarter net income of $55.3 million.
On a per-share basis, the Colmar, Pennsylvania-based company said it had net income of $1.80. Earnings, adjusted for non-recurring costs, came to $1.96 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.
The distributor of parts to automotive retailers posted revenue of $503.8 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $510.6 million.
Dorman Products expects full-year earnings in the range of $6.85 to $6.95 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DORM at https://www.zacks.com/ap/DORM
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。