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Stock impact report

Genuine Parts Q1 Earnings Surpass Expectations, Decrease Y/Y [Yahoo! Finance]

Genuine Parts Company (GPC) 
Last genuine parts company earnings: 2/19 08:40 am Check Earnings Report
US:NYSE Investor Relations: genuineparts.investorroom.com
Company Research Source: Yahoo! Finance
The bottom line, however, declined from the year-ago quarter's earnings of $2.22 per share. See the Zacks Earnings Calendar to stay ahead of market-making news The company reported net sales of $5.87 billion, which surpassed the Zacks Consensus Estimate of $5.82 billion and inched up 1.4% year over year. This increase was due to a 3% boost from acquisitions. Genuine Parts Company price-consensus-eps-surprise-chart | Genuine Parts Company Quote The Automotive segment's net sales totaled $3.7 billion in the reported quarter, up 2.5% year over year on acquisition benefits. The sales also surpassed our estimate of $3.61 billion. The segment's comparable sales fell 0.8% year over year. Operating profit decreased 10.7% to $286 million and missed our forecast of $309.8 million. Segment profit margin came in at 7.8%, down 110 basis points from the year-ago period. The Industrial Parts segment's net sales declined 0.4% year over year to $2.20 billion, owing to a decline in comps and Show less Read more
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