Dorman Products, Inc. Reports Second Quarter 2019 Results
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Dorman Products (DORM) Misses Q2 EPS by 43c. Lowers FY Guidance
July 30, 2019 7:21 AM EDTDorman Products (NASDAQ: DORM) reported Q2 EPS of $0.68, $0.43 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $254.2 million versus the consensus estimate of $263.68 million.
GUIDANCE:
Dorman Products sees FY2019 EPS of $3.26-$3.46, versus the consensus of $4.44.
We are lowering our full year 2019 EPS guidance and now expect full year GAAP diluted EPS of between $3.06 and $3.30 and Non-GAAP diluted EPS of between $3.26 and $3.46. We expect second half of 2019 GAAP diluted EPS of between $1.70... More