What You Need To Know Ahead of Genuine Parts' Earnings Release

Genuine Parts Co_ parts by- kadmy via iStock

Atlanta, Georgia-based Genuine Parts Company (GPC) is a leading global service provider of automotive and industrial replacement parts and value-added solutions. With a market cap of $16.7 billion, Genuine Parts operates over 10,700 locations spread across 17 countries and employs over 60,000 people. GPC is expected to release its second-quarter results on Tuesday, Jul. 22.

Ahead of the event, analysts expect GPC to report a non-GAAP profit of $2.08 per share, down 14.8% from $2.44 per share reported in the year-ago quarter. While the company has missed Wall Street’s earnings projections twice over the past four quarters, it has surpassed the estimates on two other occasions.

For the full fiscal 2025, GPC is expected to deliver an adjusted EPS of $7.81, down 4.3% from $8.16 in fiscal 2024. While in fiscal 2026, its earnings are expected to increase by 11% year-over-year to $8.67 per share.

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GPC stock has gained 3.9% on a YTD basis, underperforming the S&P 500 Index’s ($SPX5.5% gains, but outpacing the Consumer Discretionary Select Sector SPDR Fund’s (XLY3.1% dip during the same time frame.

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Genuine Parts’ stock prices gained 2.8% following the release of its mixed Q1 results on Apr. 22. While the company’s organic revenues took a notable hit during the quarter, driven by the positive impact of acquisitions, the company’s total revenues increased 1.4% year-over-year to $5.9 billion. Meanwhile, the company’s adjusted net income plunged 21.8% year-over-year to $243.1 million, but its adjusted EPS of $1.75 surpassed the consensus estimates by 5.4%.

The stock holds a consensus “Moderate Buy” rating overall. Of the 11 analysts covering the GPC stock, opinions include five “Strong Buys,” five “Holds,” and one “Strong Sell.” Its mean price target of $131.75 suggests an 8.6% upside potential from current price levels.


On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.