15.02.2024 12:58:19 - dpa-AFX: Genuine Parts Co Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Genuine Parts Co (GPC) released earnings for its
fourth quarter that increased from the same period last year and beat the
Street estimates.

The company's bottom line totaled $316.88 million, or $2.26 per share. This
compares with $251.98 million, or $1.77 per share, in last year's fourth
quarter.

Excluding items, Genuine Parts Co reported adjusted earnings of $316.88 million
or $2.26 per share for the period.

Analysts on average had expected the company to earn $2.19 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 1.3% to $5.59 billion from $5.52
billion last year.

Genuine Parts Co earnings at a glance (GAAP) :

-Earnings (Q4): $316.88 Mln. vs. $251.98 Mln. last year.
-EPS (Q4): $2.26 vs. $1.77 last year.
-Analyst Estimate: $2.19
-Revenue (Q4): $5.59 Bln vs. $5.52 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
GENUINE PARTS DL 1 858406 Frankfurt 131,450 13.06.24 08:20:01 -0,200 -0,15% 130,450 131,700 131,450 131,650

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