Genuine Parts beats Q1 sales, adjusted EPS estimates, reaffirms 2026 outlook

Genuine Parts Co

21/04/2026 12:03

Overview

Auto and industrial parts provider's Q1 sales rose 6.8%, beating analyst expectations

Adjusted EPS for Q1 beat consensus, driven by sales growth and operating discipline

Company reaffirmed full-year 2026 outlook and continues progress on planned separation

Outlook

Genuine Parts reaffirms 2026 total sales growth guidance of 3% to 5.5%

Company maintains 2026 diluted EPS outlook of $6.10 to $6.60 and adjusted EPS of $7.50 to $8.00

Genuine Parts expects 2026 free cash flow of $550 mln to $700 mln

Result Drivers

COMPARABLE SALES GROWTH - Co said a 2.4% increase in comparable sales contributed to overall Q1 sales growth

ACQUISITIONS - Acquisitions added 1.3% to total sales growth in Q1, per co

FAVORABLE FOREIGN CURRENCY - Foreign currency and other factors contributed a net 3.1% to Q1 sales growth

Company press release: ID:nPn9Z5WsZa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$6.26 bln
$6.17 bln (9 Analysts)
Q1 Adjusted EPS
Beat
$1.77
$1.76 (9 Analysts)
Q1 EPS
$1.37
Q1 Net Income
$188.54 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 $135.00, about 19.9% above its April 20 closing price of $112.59

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)