Genuine Parts Company Reports Sales And Earnings For The Third Quarter Ended September 30, 2015

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Genuine Parts (GPC) Reports In-Line Q3 EPS, Comments on Outlook

October 19, 2015 8:50 AM EDT

Genuine Parts (NYSE: GPC) reported Q3 EPS of $1.24, in-line with the analyst estimate of $1.24. Revenue for the quarter came in at $3.92 billion versus the consensus estimate of $4.01 billion.

Tom Gallagher, Chairman and Chief Executive Officer, commented, "The strength in our underlying Automotive distribution business, as well as positive sales growth in the Office and Electrical distribution businesses, was offset by significant foreign currency headwinds and ongoing... More