Genuine Parts (GPC) Misses Q1 Expectations

Go back to Genuine Parts (GPC) Misses Q1 Expectations

Genuine Parts Company Reports Sales And Earnings For The First Quarter Ended March 31, 2015

April 21, 2015 8:47 AM EDT

ATLANTA, April 21, 2015 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today first quarter sales and earnings for the quarter ended March 31, 2015.

Sales for the first quarter ended March 31, 2015, increased 3% to $3.7 billion compared to sales of $3.6 billion for the same period in 2014.  Net income for the first quarter was $161.0 million, up 2% from $157.5 million recorded for the same period in the previous year. Earnings per share on a diluted basis were $1.05, up 3% compared to $1.02 for the first quarter last... More