COLMAR, Pa. (AP) _ Dorman Products Inc. (DORM) on Monday reported third-quarter net income of $33.1 million.
On a per-share basis, the Colmar, Pennsylvania-based company said it had profit of $1.04. Earnings, adjusted for one-time gains and costs, came to $1.18 per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.18 per share.
The distributor of parts to automotive retailers posted revenue of $348.4 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $326.2 million.
Dorman Products expects full-year earnings in the range of $4.56 to $4.80 per share, with revenue in the range of $1.3 billion to $1.33 billion.
