Genuine Parts Co reports results for the quarter ended December 31 - Earnings Summary

Genuine Parts

18/02/2025 14:31

* Genuine Parts Co  GPC.N  reported quarterly adjusted
earnings of
$1.61​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$2.26.  The mean expectation of eleven analysts for the quarter
was for earnings of $1.55 per share. Wall Street expected
results to range from $1.45  to $1.64 per share.
    * Revenue rose 3.3% to $5.77 billion from a year ago;
analysts
expected $5.71 billion. 
    * Genuine Parts Co's reported EPS for the quarter was 96
cents​.
    * The company reported quarterly net income of $133.06
million.
    * Genuine Parts Co shares had risen by 7.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Genuine Parts Co
is $129.00 
This summary was machine generated from LSEG data February 18 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.55           1.61           Beat
 Sep. 30 2024      2.42           1.88           Missed
 Jun. 30 2024      2.59           2.44           Missed
 Mar. 31 2024      2.16           2.22           Beat