Dorman Products and Standard Motor Products have been highlighted in this Industry Outlook article.
With the Zacks Automotive- Replacement Parts industry currently placed in the top 12% of around 250 Zacks industries, stocks like DORM and SMP are worth considering.
Here is how Dorman Products (DORM) and REE Automotive Ltd. (REE) have performed compared to their sector so far this year.
Does Dorman Products (DORM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Dorman Products (DORM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Dorman Products (DORM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Dorman Products (DORM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Dorman Products, Inc. (NASDAQ:DORM ) Q3 2024 Results Conference Call November 1, 2024 8:00 AM ET Company Participants Alex Whitelam - VP, IR and Risk Management Kevin Olsen - CEO David Hession - CFO Conference Call Participants Scott Stember - ROTH MKM Bret Jordan - Jefferies Gary Prestopino - Barrington Research Operator Good morning, and thank you for standing by. Welcome to the Dorman Products Third Quarter 2024 Earnings Conference Call.
Dorman Products (DORM) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.40 per share a year ago.
With the Zacks Automotive- Replacement Parts industry currently placed in the top 26% of around 250 Zacks industries, stocks like DORM and SMP are worth considering.
Dorman Products (DORM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Dorman Products has seen significant revenue and profitability growth, with net income more than doubling year over year. The company has increased its earnings guidance for the year, projecting adjusted earnings per share between $6 and $6.20. Despite uncertainty about future performance, Dorman Products remains a favorable investment option with a history of creating shareholder value.