Dorman Products Inc. said its normalized net income for the fiscal second quarter ended June 27 came to 65 cents per share, compared with the S&P Capital IQ consensus estimate of 69 cents per share.
EPS increased year over year from 63 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $23.0 million, compared with $22.9 million in the year-earlier period.
The normalized profit margin dropped to 11.6% from 11.7% in the year-earlier period.
Total revenue climbed on an annual basis to $198.7 million from $196.2 million, and total operating expenses climbed year over year to $161.8 million from $159.5 million.
Reported net income totaled $23.1 million, or 65 cents per share, compared to $23.3 million, or 64 cents per share, in the year-earlier period.