Genuine Parts slide after trimming top end of FY profit outlook

Genuine Parts

20/10/2026 13:34

** Genuine Parts GPC.N shares fall more than 6% to $121.94 after Q3 results
** The auto parts distributor narrows its FY adjusted EPS forecast to $7.50-$7.75 from $7.50-$8.00
** New outlook is below Street estimate of $7.78, according to LSEG data
** Co also cuts FY GAAP EPS outlook to $5.60-$5.85 from $5.90-$6.40
** Q3 adjusted EPS of $2.07 beats analysts' estimate of $2.05
** Q3 net sales of $6.52 bln are in line with Street estimates
** Q3 net income is $224.4 mln vs $226.2 mln a year earlier
** CEO Will Stengel says separation into GPC and Motion, unveiled in February, remains on track for Q1 2027
** As of last close, stock has risen 5.87% YTD

 (Reporting by Miraanta Lowrance in Bengaluru)
 ((miraanta.lowrance@thomsonreuters.com))