Recap: Dorman Products Q2 Earnings

Dorman Products DORM reported its Q2 earnings results on Monday, July 25, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Dorman Products missed estimated earnings by 2.27%, reporting an EPS of $1.29 versus an estimate of $1.32.

Revenue was up $106.78 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 0.69% drop in the share price the next day.

Here's a look at Dorman Products's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.21	1.35	1.22	1.03
EPS Actual	1.29	1.33	1.18	1.10
Revenue Estimate	371.84M	367.45M	329.89M	287.87M
Revenue Actual	401.58M	398.18M	348.43M	310.63M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Dorman Products management provided guidance for FY 2022, expecting earnings between $5.0 and $5.2 per share.

To track all earnings releases for Dorman Products visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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