Dorman Products (DORM) Tops Q4 Earnings and Revenue Estimates

Group 1 - Dorman Products reported quarterly earnings of $2.20 per share, exceeding the Zacks Consensus Estimate of$ 1.97 per share, and up from $1.57 per share a year ago, representing an earnings surprise of 11.68% [1] - The company achieved revenues of$ 533.77 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.68% and increasing from $494.3 million year-over-year [2] - Dorman Products has outperformed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates twice during the same period [2] Group 2 - The stock has underperformed the market with a decline of about 3.1% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is$ 1.50 on revenues of $482.23 million, and for the current fiscal year, it is$ 7.54 on revenues of $2.09 billion [7] Group 3 - The Automotive - Replacement Parts industry, to which Dorman Products belongs, is currently ranked in the top 23% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Dorman Products currently holds a Zacks Rank 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6]