Genuine Parts Company Reports 2016 Sales And Earnings For The Fourth Quarter And Full Year
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Genuine Parts (GPC) Tops Q4 EPS by 1c; Guides FY EPS Below Views
February 21, 2017 8:36 AM ESTGenuine Parts (NYSE: GPC) reported Q4 EPS of $1.02, $0.01 better than the analyst estimate of $1.01. Revenue for the quarter came in at $3.78 billion versus the consensus estimate of $3.78 billion.
Fourth quarter sales for the Automotive Group were up 2%, including an approximate 1% comparable sales increase. Sales at Motion Industries, our Industrial Group, were up 4%, sales at EIS, our Electrical/Electronic Group, were basically unchanged and sales for S. P.... More

