Genuine Parts (GPC) Declares $0.72 Quarterly Dividend; 3.2% Yield

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Genuine Parts (GPC) PT Lowered to $94 at RBC Capital

April 20, 2018 8:28 AM EDT

RBC Capital lowered its price target on Genuine Parts (NYSE: GPC) to $94.00 (from $100.00) while maintaining a Sector Perform rating following disappointing results.

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Genuine Parts (GPC) Misses Q1 EPS by 5c, Sales Beat; Guides In-Line

April 19, 2018 8:32 AM EDT

Genuine Parts (NYSE: GPC) reported Q1 EPS of $1.27, $0.05 worse than the analyst estimate of $1.32. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.49 billion.

GUIDANCE:

Genuine Parts sees FY2018 EPS of $5.60-$5.75, versus the consensus of... More