Wedbush Downgrades Genuine Parts (GPC) to Neutral

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Go back to Wedbush Downgrades Genuine Parts (GPC) to Neutral

Genuine Parts Company Reports Fourth Quarter and Full Year Results for 2015

February 16, 2016 8:35 AM EST

ATLANTA, Feb. 16, 2016 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today fourth quarter and full year results as well as record earnings per share and cash flows for the year ended December 31, 2015.

Sales in the fourth quarter ended December 31, 2015 were $3.68 billion, and this compares to sales of $3.82 billion for the same period in 2014.  Net income in the fourth quarter was $161.3 million compared to $165.6 million recorded for the same period in the previous year.  Earnings per share on a diluted basis... More