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

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

October 19, 2015 8:46 AM EDT

ATLANTA, Oct. 19, 2015 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today sales and earnings for the third quarter and nine months ended September 30, 2015.

Sales for the third quarter ended September 30, 2015 decreased 2% to $3.92 billion compared to sales of $3.99 billion for the same period in 2014.  Net income for the third quarter was $188.0 million compared to $190.5 million recorded for the same period in the previous year. Earnings per share on a diluted basis were $1.24, equal to the earnings per share for the... More