Genuine Parts Company Marks 61st Consecutive Year Of Increased Dividends

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Genuine Parts (GPC) Tops Q4 EPS by 1c; Guides FY EPS Below Views

February 21, 2017 8:36 AM EST

Genuine Parts (NYSE: GPC) reported Q4 EPS of $1.02, $0.01 better than the analyst estimate of $1.01. Revenue for the quarter came in at $3.78 billion versus the consensus estimate of $3.78 billion.

Fourth quarter sales for the Automotive Group were up 2%, including an approximate 1% comparable sales increase. Sales at Motion Industries, our Industrial Group, were up 4%, sales at EIS, our Electrical/Electronic Group, were basically unchanged and sales for S. P.... More