Genuine Parts Company Reports Third Quarter 2024 Results and Revises Full-Year Outlook
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October 24, 2024 6:24 AM EDT
BofA Securities analyst Elizabeth Suzuki lowered the price target on Genuine Parts (NYSE: GPC) to $125.00 (from $153.00) while maintaining a Neutral rating.
The analyst comments "Q3 adj EPS $1.88 missed est $2.43 & cons $2.42 as a sluggish demand environment across Auto (comp +0.2% y/y) &... More
October 23, 2024 6:32 AM EDT
UBS analyst Michael Lasser lowered the price target on Genuine Parts (NYSE: GPC) to $125.00 (from $145.00) while maintaining a Neutral rating.
The analyst comments "GPC's 3Q results missed; outlook cut reflects weak environment to persist in 4Q While GPC's investment case offers much potential, the company has not delivered on this... More
October 22, 2024 6:56 AM EDT
Genuine Parts (NYSE: GPC) reported Q3 EPS of $1.88, $0.54 worse than the analyst estimate of $2.42. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.95 billion.
GUIDANCE:
Genuine Parts sees FY2024 EPS of $8.00-$8.20, versus the consensus of... More
