Genuine Parts Q3 adjusted EPS beats estimates on higher comparable  sales

Genuine Parts

20/10/2026 12:04

Overview
US auto and industrial parts distributor's Q3 sales rose 4.2%, meeting analyst expectations
Adjusted EPS for Q3 was $2.07, beating analyst expectations
Company narrowed 2026 adjusted EPS outlook to $7.50-$7.75

Outlook
Genuine Parts narrows 2026 adj EPS outlook to $7.50-$7.75 from $7.50-$8.00
Company lowers 2026 GAAP EPS outlook to $5.60-$5.85 from $5.90-$6.40
Company maintains 2026 sales growth outlook at 3% to 5.5%

Result Drivers
COMPARABLE SALES - Co said Q3 sales growth was mainly driven by higher comparable sales, acquisitions and favorable currency
INDUSTRIAL SEGMENT - Co said industrial segment led growth with strong comparable sales and margin improvement
RESTRUCTURING COSTS - Co said restructuring and separation costs affected reported earnings

Company press release: ID:nPn7nf6G1a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Meet
$6.52 bln
$6.52 bln (9 Analysts)
Q3 Adjusted EPS
Beat
$2.07
$2.05 (9 Analysts)
Q3 EPS
 
$1.62
 
Q3 Net Income
 
$224.45 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Genuine Parts Co is $135.50, about 4.1% above its October 19 closing price of $130.18
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)