Genuine Parts Company Reports Record Sales And Earnings For The Second Quarter Ended June 30, 2018

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Go back to Genuine Parts Company Reports Record Sales And Earnings For The Second Quarter Ended June 30, 2018

Genuine Parts (GPC) PT Raised to $103 at RBC Capital

July 20, 2018 7:03 AM EDT

RBC Capital raised its price target on Genuine Parts (NYSE: GPC) to $103.00 (from $99.00) while maintaining a Sector Perform rating.

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Genuine Parts (GPC) Tops Q2 EPS by 1c, Revenues Beat; Offers FY18 EPS Outlook

July 19, 2018 8:33 AM EDT

Genuine Parts (NYSE: GPC) reported Q2 EPS of $1.59, $0.01 better than the analyst estimate of $1.58. Revenue for the quarter came in at $4.82 billion versus the consensus estimate of $4.68 billion.

Paul Donahue, President and Chief Executive Officer, commented, "We are pleased to report another quarter of record sales, driven by the favorable impact of strategic acquisitions and improved organic sales trends across our business segments. The... More