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Sep 30, 2024
Genuine Parts Q3 2024 Earnings Report
Genuine Parts Company's third quarter results were impacted by market conditions in Europe and the Industrial business.
Key Takeaways
Genuine Parts Company reported sales of $6.0 billion, a 2.5% increase compared to the same period last year. Diluted EPS was $1.62, and adjusted diluted EPS was $1.88. The company revised its full-year outlook, expecting revenue growth of 1% to 2% and adjusted diluted EPS of $8.00 to $8.20.
Sales increased by 2.5% to $6.0 billion.
Diluted EPS was reported at $1.62.
Adjusted diluted EPS was $1.88.
Full-year outlook revised with revenue growth expected between 1% and 2%.
Revenue by Segment
Forward Guidance
The company is revising full-year 2024 guidance previously provided in its earnings release on July 23, 2024. Total sales growth is expected to be 1% to 2%. Adjusted diluted earnings per share is expected to be $8.00 to $8.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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