Genuine Parts (GPC) Tops Q2 EPS by 39c, Revenue Misses

Genuine Parts (NYSE: GPC) reported Q2 EPS of $1.32, $0.39 better than the analyst estimate of $0.93. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $4.36 billion.

2020 Outlook

On April 6, 2020, the Company withdrew its full-year 2020 guidance due to the economic uncertainty relating to the rapidly evolving COVID-19 pandemic and the limited visibility on the impacts to our businesses. We will not be providing annual guidance updates until macro-economic conditions stabilize.

For earnings history and earnings-related data on Genuine Parts (GPC) click here.

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