Genuine Parts (GPC) Beats Street by 2c; Revs Down YoY
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Genuine Parts (NYSE: GPC) reports Q3 EPS of $0.67, 2 cents better than the analyst estimate of $0.65. Revenue for the quarter was $2.6 billion, which compares to the estimate of $2.60 billion.
Thomas Gallagher announced that the sales of $2.6 billion represented a 10% decrease compared to the same quarter in 2008.
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