Loading...
•
Dec 31, 2022
Genuine Parts Q4 2022 Earnings Report
Reported strong Q4 2022 results with double-digit sales and earnings growth and continued margin expansion.
Key Takeaways
Genuine Parts Company reported a strong fourth quarter with sales of $5.5 billion, a 15.0% increase year-over-year. Diluted EPS was $1.77, and adjusted diluted EPS was $2.05, up 14.5%.
Sales of $5.5 billion, Up 15.0%
Diluted EPS of $1.77
Adjusted Diluted EPS of $2.05, Up 14.5%
Segment Profit Margin of 9.4%, Up 60 basis points
Revenue by Segment
Forward Guidance
The company is establishing full-year 2023 guidance, considering recent business trends, financial results, growth plans, strategic initiatives, the global economic outlook, geopolitical conflicts, and their potential impact.
Positive Outlook
- Revenue Growth of 4% to 6%
- Automotive sales growth 4% to 6%
- Industrial sales growth 4% to 6%
- Diluted earnings per share $8.80 to $8.95
- Adjusted diluted earnings per share $8.80 to $8.95
Challenges Ahead
- Macro-environment remains uncertain
- Global economic outlook
- Geopolitical conflicts
- Uncertain credit markets
- Volatile exchange rates
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
Loading earnings performance data...
Loading earnings reaction data...