Wedbush Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q
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Jefferies Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q Report
October 20, 2016 8:56 AM EDTJefferies 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
Advance Auto Parts (AAP) Reverse Early Losses on Strong Buy Interest
October 19, 2016 11:38 AM EDTAdvance Auto Parts (NYSE: AAP) is seeing a solid move higher after opening lower on Genuine Parts' (NYSE: GPC) miss and lower guidance. Shares are up 0.6% currently on volume that is running 4.5x normal.
... MoreGenuine Parts (GPC) Misses Q3 EPS by 5c, Trims FY EPS Guidance
October 19, 2016 8:36 AM EDTGenuine 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
Trading Radar for 10/19: Morgan Stanley (MS), AmEx (AXP), Halliburton (HAL), eBay (EBAY), Mattel (MAT), Seagate (STX) Report
October 18, 2016 2:22 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
ASML Holdings (Nasdaq: ASML) - consensus EPS $1.05
Abbott (NYSE: ABT) - consensus EPS $0.58
Amphenol (NYSE: APH) - consensus EPS $0.68
BB&T Corp. (NYSE: BBT) - consensus EPS $0.71
Canadian Pacific... More
