Genuine Parts Company Reports Sales And Earnings For The Third Quarter Ended September 30, 2019

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Genuine Parts (GPC) Tops Q3 EPS by 9c; Lowers FY19 EPS Guidance Below Consensus

October 17, 2019 8:33 AM EDT

Genuine Parts (NYSE: GPC) reported Q3 EPS of $1.56, $0.09 better than the analyst estimate of $1.47. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.03 billion.

Paul Donahue, Chairman and Chief Executive Officer, commented, "Our third quarter results were highlighted by several accomplishments, including our achieving the $5 billion sales mark for the first time in the history of the Company. In addition, we were pleased to report positive comparable sales in our U.S., Canadian... More