Dorman Products: 1Q Earnings Snapshot
Dorman Products: 1Q Earnings Snapshot
COLMAR, Pa. (AP) _ Dorman Products Inc. (DORM) on Monday reported first-quarter profit of $23.4 million.
On a per-share basis, the Colmar, Pennsylvania-based company said it had profit of 71 cents. Earnings, adjusted for one-time gains and costs, were 79 cents per share.
The distributor of parts to automotive retailers posted revenue of $243.8 million in the period.
Dorman Products expects full-year earnings in the range of $4.37 to $4.53 per share.
Dorman Products shares have climbed nearly 4% since the beginning of the year. The stock has increased 41% in the last 12 months.
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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