A Sneak Peek At Genuine Parts Company ($GPC) Q3 2024 Earnings

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Genuine Parts Company (NYSE: GPC) has announced that it will be unveiling its third quarter financial results on Tuesday 22nd October 2024. The disclosure is planned to occur before market open.

According to the forecasts of financial experts on Wall Street, the organization is poised to announce an anticipated per share $2.42 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $5.94 billion for this specific period.

According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $23.48 billion. Additionally, they forecast the earnings per share to hit profit of $9.36 for the fiscal year.

Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $2.49 per share. This number was attributed to the company's total revenue, which settled at an impressive $5.82 billion during the same period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.44 0% 5.96 B +0.8%
Q1 2024 $2.22 +3.7% 5.78 B +0.3%
Q4 2023 $2.26 +10.2% 5.59 B +1.1%
Q3 2023 $2.49 +11.7% 5.82 B +2.6%
Q2 2023 $2.44 +10.9% 5.92 B +5.6%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 22nd October 2024 at 08:30 AM eastern time to discuss Q3 financial results.

Genuine Parts (GPC) shares traded as low as $142.45 and as high as $144.29 on a day volume of 852.00 thousand shares, closed Friday's regular trading session at $143.17, drop of 0.32 percent.