Genuine Parts beats market expectations for Q2 earnings

GPC Genuine Parts Co

$128.17 +2.20%

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1. 1Genuine Parts (GPC) reported Q2 net income of $227.6 million and earnings per share of $1.65.
2. 2Adjusted EPS excluding one-time items came in at $2.15, above the analyst consensus estimate of $2.10, while revenue of $6.54 billion exceeded the forecast of $6.39 billion.
3. 3The automotive and industrial parts distributor provided full-year EPS guidance of $7.50 to $8.

Source Associated Press +1 · View original ↗

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