Genuine Parts Company Reports Sales And Earnings For The Third Quarter Ended September 30, 2016

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Go back to Genuine Parts Company Reports Sales And Earnings For The Third Quarter Ended September 30, 2016

Jefferies Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q Report

October 20, 2016 8:56 AM EDT

Jefferies maintained a Hold rating on Genuine Parts (NYSE: GPC), and cut the price target to $95.00 (from $105.00), following the company's 3Q earnings report. Auto sales increased 1.5% yr/yr to $2.10B despite a core auto sales decline of 1.5% yr/yr. Industrial revenue declined 0.7% yr/yr... More

Wedbush Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q

October 20, 2016 8:27 AM EDT

Wedbush maintained a Neutral rating on Genuine Parts (NYSE: GPC), and cut the price target to $95.00 (from $98.00), following the company's 3Q earnings report. GPC noted that the comp performance gap between weather-impacted regions including the Northeast and Central remained in same 400 bps... More

Genuine Parts (GPC) Misses Q3 EPS by 5c, Trims FY EPS Guidance

October 19, 2016 8:36 AM EDT

Genuine Parts (NYSE: GPC) reported Q3 EPS of $1.24, $0.05 worse than the analyst estimate of $1.29. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $4.02 billion.

GUIDANCE:

Genuine Parts sees FY2016 EPS of $4.55-$4.60, versus prior... More