05:26 PM EDT, 10/31/2024 (MT Newswires) -- Dorman Products ( DORM ) reported Q3 adjusted earnings late Thursday of $1.96 per diluted share, up from $1.40 a year earlier.

Analysts polled by Capital IQ expected $1.53.

Net sales for the quarter ended Sept. 28 were $503.8 million, up from $488.2 million a year earlier.

Analysts surveyed by Capital IQ expected $509.5 million.

The company raised its 2024 adjusted EPS guidance to $6.85 to $6.95 from $6.00 to $6.20. Analysts polled by Capital IQ expect $6.14.

Net sales growth for the year is projected to be between 3.5% to 4.5% from a year ago, as opposed to previous guidance of 3% to 5%. Analysts polled by Capital IQ expect revenue of $2 billion.

Shares were up 4% in recent after-hours activity.