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NASDAQ:DORM
Dorman Products Stock Earnings Reports
$126.74
-0.85 (-0.666%)
At Close: Mar 17, 2025
Dorman Products Earnings Calls
Q4 2024
Beat
$2.20 (10.55%)
| Release date | Feb 26, 2025 |
| EPS estimate | $1.99 |
| EPS actual | $2.20 |
| EPS Surprise | 10.55% |
| Revenue estimate | 523.953M |
| Revenue actual | 533.772M |
| Revenue Surprise | 1.87% |
Q3 2024
Beat
$1.96 (28.10%)
| Release date | Oct 31, 2024 |
| EPS estimate | $1.53 |
| EPS actual | $1.96 |
| EPS Surprise | 28.10% |
| Revenue estimate | 523.953M |
| Revenue actual | 503.773M |
| Revenue Surprise | -3.85% |
Q2 2024
Beat
$1.67 (40.34%)
| Release date | Aug 01, 2024 |
| EPS estimate | $1.19 |
| EPS actual | $1.67 |
| EPS Surprise | 40.34% |
| Revenue estimate | 502.18M |
| Revenue actual | 502.951M |
| Revenue Surprise | 0.154% |
Q1 2024
Beat
$1.31 (59.76%)
| Release date | May 07, 2024 |
| EPS estimate | $0.82 |
| EPS actual | $1.31 |
| EPS Surprise | 59.76% |
| Revenue estimate | 472.48M |
| Revenue actual | 468.701M |
| Revenue Surprise | -0.800% |
Last 4 Quarters for Dorman Products
Below you can see how DORM performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Beat
| Release date | May 07, 2024 |
| Fiscal end date | Mar 30, 2024 |
| Price on release | $91.37 |
| EPS estimate | $0.82 |
| EPS actual | $1.31 |
| EPS surprise | 59.76% |
| Date | Price |
|---|---|
| May 01, 2024 | $89.02 |
| May 02, 2024 | $90.73 |
| May 03, 2024 | $90.95 |
| May 06, 2024 | $92.89 |
| May 07, 2024 | $91.37 |
| May 08, 2024 | $91.23 |
| May 09, 2024 | $92.20 |
| May 10, 2024 | $92.44 |
| May 13, 2024 | $93.34 |
| 4 days before | 2.64% |
| 4 days after | 2.16% |
| On release day | -0.153% |
| Change in period | 4.85% |
Q2 2024
Beat
| Release date | Aug 01, 2024 |
| Fiscal end date | Jun 29, 2024 |
| Price on release | $98.58 |
| EPS estimate | $1.19 |
| EPS actual | $1.67 |
| EPS surprise | 40.34% |
| Date | Price |
|---|---|
| Jul 26, 2024 | $100.41 |
| Jul 29, 2024 | $99.26 |
| Jul 30, 2024 | $99.80 |
| Jul 31, 2024 | $101.37 |
| Aug 01, 2024 | $98.58 |
| Aug 02, 2024 | $102.84 |
| Aug 05, 2024 | $102.08 |
| Aug 06, 2024 | $106.87 |
| Aug 07, 2024 | $105.78 |
| 4 days before | -1.82% |
| 4 days after | 7.30% |
| On release day | 4.32% |
| Change in period | 5.35% |
Q3 2024
Beat
| Release date | Oct 31, 2024 |
| Fiscal end date | Sep 28, 2024 |
| Price on release | $114.03 |
| EPS estimate | $1.53 |
| EPS actual | $1.96 |
| EPS surprise | 28.10% |
| Date | Price |
|---|---|
| Oct 25, 2024 | $114.91 |
| Oct 28, 2024 | $115.60 |
| Oct 29, 2024 | $115.63 |
| Oct 30, 2024 | $115.75 |
| Oct 31, 2024 | $114.03 |
| Nov 01, 2024 | $127.79 |
| Nov 04, 2024 | $133.73 |
| Nov 05, 2024 | $137.72 |
| Nov 06, 2024 | $136.92 |
| 4 days before | -0.766% |
| 4 days after | 20.07% |
| On release day | 12.07% |
| Change in period | 19.15% |
Q4 2024
Beat
| Release date | Feb 26, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $124.01 |
| EPS estimate | $1.99 |
| EPS actual | $2.20 |
| EPS surprise | 10.55% |
| Date | Price |
|---|---|
| Feb 20, 2025 | $126.49 |
| Feb 21, 2025 | $123.59 |
| Feb 24, 2025 | $123.04 |
| Feb 25, 2025 | $125.57 |
| Feb 26, 2025 | $124.01 |
| Feb 27, 2025 | $127.99 |
| Feb 28, 2025 | $131.46 |
| Mar 03, 2025 | $131.20 |
| Mar 04, 2025 | $130.25 |
| 4 days before | -1.96% |
| 4 days after | 5.03% |
| On release day | 3.21% |
| Change in period | 2.97% |
Dorman Products Earnings Call Transcript Summary of Q4 2024
Q4 Performance:
- Q4 consolidated net sales reached $534 million, up 8% year-over-year.
- Adjusted operating margin improved to 17.5%, with an increase of 210 basis points from the previous year.
- Adjusted diluted EPS rose by 40% to $2.20.
- Free cash flow for Q4 was strong at $63 million, used to repay $54 million of debt.
Segment Performance:
- Light Duty Segment:
- Achieved 11% sales growth in Q4, driven by strong demand for new products, particularly in complex electronics.
- Segment profit margin increased by 350 basis points to 20.1%.
- Heavy Duty Segment:
- Sales were down 8% year-over-year due to ongoing soft market conditions.
- While lower volume negatively impacted margins, the company is focusing on new product development and productivity initiatives.
- Specialty Vehicle Segment:
- Registered a 5% increase in sales during Q4, attributed to innovation and channel expansion.
- Focused on non-discretionary repair parts to mitigate the impact of sluggish new machine sales.
Strategic Focus for 2025:
- Innovation & Product Development:
- Continuing to enhance innovation across all segments, particularly in complex electronics and heavy-duty products.
- Operational Excellence:
- Aiming to improve productivity and automate processes to maintain efficiency gains.
- Supply Chain Diversification:
- Efforts to optimize and diversify supply sources to reduce dependency on any single region, particularly China.
2025 Guidance:
- Sales Growth Expectations:
- Expected net sales growth in the range of 3% to 5%.
- Light Duty segment expected to drive most of the growth.
- Specialty Vehicle segment anticipated to grow modestly, while heavy-duty segment is expected to remain flat.
- Earnings Growth Projection:
- Adjusted diluted earnings per share projected in the range of $7.55 to $7.85, representing growth of 6% to 10% over 2024.
Capital Allocation Strategy:
- Priority on internal investments, followed by M&A and share repurchases.
- New $500 million stock repurchase plan established, effective January 1, 2025.
Market Outlook & Risks:
- Positive market trends observed in light-duty business, but concerns over market recovery in heavy-duty and geopolitical uncertainties, especially related to tariffs.
- The company plans to monitor trade situations closely and adjust strategies as necessary.
Dorman Products Earnings History
Earnings Calendar
FAQ
When is the earnings report for DORM?
Dorman Products (DORM) has scheduled its earnings report for May 06, 2025 before the markets open.
What is the DORM price-to-earnings (P/E) ratio?
DORM P/E ratio as of Mar 17, 2025 (TTM) is 20.68.
What is the DORM EPS forecast?
The forecasted EPS (Earnings Per Share) for Dorman Products (DORM) for the first fiscal quarter 2025 is $1.48.
What are Dorman Products's retained earnings?
On its balance sheet, Dorman Products reported retained earnings of $533.77 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
