Genuine Parts Company Reports Record Sales And Earnings For The Second Quarter Ended June 30, 2018
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Genuine Parts (GPC) PT Raised to $103 at RBC Capital
July 20, 2018 7:03 AM EDTRBC Capital raised its price target on Genuine Parts (NYSE: GPC) to $103.00 (from $99.00) while maintaining a Sector Perform rating.
... MoreGenuine Parts (GPC) Tops Q2 EPS by 1c, Revenues Beat; Offers FY18 EPS Outlook
July 19, 2018 8:33 AM EDTGenuine Parts (NYSE: GPC) reported Q2 EPS of $1.59, $0.01 better than the analyst estimate of $1.58. Revenue for the quarter came in at $4.82 billion versus the consensus estimate of $4.68 billion.
Paul Donahue, President and Chief Executive Officer, commented, "We are pleased to report another quarter of record sales, driven by the favorable impact of strategic acquisitions and improved organic sales trends across our business segments. The... More
