Dorman Products (DORM) Misses Q1 EPS by 7c
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Dorman Products, Inc. Reports First Quarter 2018 Results, Re-affirms 2018 Guidance
May 1, 2018 7:00 AM EDTHighlights:
Diluted earnings per share (EPS) of $0.93 on a GAAP basis, including $0.03 per share in acquisition-related charges, increased 9% compared to $0.85 last year. Adjusted diluted EPS of $0.96, up 13% compared to $0.85 last year.Revenues of $227.3 million, up 3% compared to $221.6 million last year. The Company re-iterated 2018 net sales growth between 6%-9% and expects diluted EPS of between $4.00 and $4.23 on a GAAP basis and Adjusted diluted EPS of between $4.10 and $4.32, or between a 22% and 28% growth rate.COLMAR, Pa., May 01, 2018 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:... More
