CFRA Downgrades Genuine Parts (GPC) to Hold

Go back to CFRA Downgrades Genuine Parts (GPC) to Hold

Genuine Parts Company Reports Second Quarter 2024 Results and Revises Full-Year Outlook

July 23, 2024 6:55 AM EDT

Sales of $6.0 billion, Up 0.8%Diluted EPS of $2.11, Down 13.5%Adjusted Diluted EPS of $2.44, In-line with Prior YearRevises 2024 Outlook: Revenue Growth of 1% to 3% from 3% to 5%Adjusted Diluted EPS of $9.30 to $9.50 from $9.80 to $9.95

ATLANTA, July 23, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its... More